Aleen Gulvanessian Acquires 27,730 Shares of Macfarlane Group (LON:MACF) Stock

Macfarlane Group PLC (LON:MACF) insider Aleen Gulvanessian bought 27,730 shares of the business’s stock in a transaction on Monday, March 2nd. The stock was bought at an average price of GBX 72 per share, for a total transaction of £19,965.60.

Macfarlane Group Stock Up 0.2%

LON:MACF opened at GBX 68.36 on Thursday. The company’s 50-day simple moving average is GBX 72.02 and its 200-day simple moving average is GBX 77.86. The company has a debt-to-equity ratio of 114.70, a quick ratio of 0.79 and a current ratio of 0.98. Macfarlane Group PLC has a fifty-two week low of GBX 61.60 and a fifty-two week high of GBX 122. The stock has a market capitalization of £107.15 million, a P/E ratio of 9.08 and a beta of 0.61.

Macfarlane Group (LON:MACF) last posted its earnings results on Thursday, February 26th. The company reported GBX 3.99 EPS for the quarter. Macfarlane Group had a net margin of 2.10% and a return on equity of 5.20%. On average, equities analysts anticipate that Macfarlane Group PLC will post 7.4677529 earnings per share for the current fiscal year.

Macfarlane Group Company Profile

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. The Manufacturing Operations segment designs, manufactures, and assembles timber, corrugated, and foam-based packaging materials in the United Kingdom.