Marks and Spencer Group plc (OTCMKTS:MAKSY) Short Interest Update

Marks and Spencer Group plc (OTCMKTS:MAKSYGet Free Report) saw a large decrease in short interest in March. As of March 31st, there was short interest totalling 20,700 shares, a decrease of 27.6% from the March 15th total of 28,600 shares. Based on an average daily trading volume, of 36,800 shares, the days-to-cover ratio is presently 0.6 days.

Marks and Spencer Group Stock Performance

Marks and Spencer Group stock traded down $0.26 during mid-day trading on Friday, reaching $6.28. The company had a trading volume of 6,402 shares, compared to its average volume of 54,546. The company has a debt-to-equity ratio of 1.04, a current ratio of 0.80 and a quick ratio of 0.43. Marks and Spencer Group has a 52 week low of $4.05 and a 52 week high of $7.48. The company has a 50 day moving average of $6.22 and a 200-day moving average of $6.21.

Analysts Set New Price Targets

Separately, BNP Paribas upgraded shares of Marks and Spencer Group from a “neutral” rating to an “outperform” rating in a research report on Tuesday, January 2nd. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Marks and Spencer Group presently has a consensus rating of “Moderate Buy” and a consensus price target of $214.60.

Read Our Latest Stock Analysis on Marks and Spencer Group

About Marks and Spencer Group

(Get Free Report)

Marks and Spencer Group plc operates various retail stores. It operates through five segments: UK Clothing & Home, UK Food, International, Ocado, and All Other. The company offers protein deli and dairy; produce; ambient and in-store bakery; meals dessert and frozen; and hospitality and Food on the Move' products.

Further Reading

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