Macfarlane Group (LON:MACF) Releases Quarterly Earnings Results

Macfarlane Group (LON:MACF) released its quarterly earnings data on Thursday. The company reported GBX 9.76 ($0.12) earnings per share for the quarter, Digital Look Earnings reports. Macfarlane Group had a net margin of 5.47% and a return on equity of 12.67%.

Macfarlane Group Stock Performance

LON:MACF opened at GBX 103.25 ($1.30) on Friday. The company has a fifty day moving average of GBX 107.24 and a 200-day moving average of GBX 110.82. The firm has a market capitalization of £163.25 million, a P/E ratio of 11.07 and a beta of 0.68. The company has a quick ratio of 0.79, a current ratio of 1.20 and a debt-to-equity ratio of 44.58. Macfarlane Group has a twelve month low of GBX 100.75 ($1.27) and a twelve month high of GBX 147.50 ($1.85).

Analyst Ratings Changes

Separately, Shore Capital reiterated a “house stock” rating on shares of Macfarlane Group in a research note on Friday, November 29th.

About Macfarlane Group

Macfarlane Group PLC, through its subsidiaries, designs, manufactures, and distributes protective packaging products to businesses in the United Kingdom and Europe. The company operates through Packaging Distribution and Manufacturing Operations segments. The Packaging Distribution segment distributes packaging materials in the United Kingdom, Ireland, and Europe.