Marks and Spencer Group (OTCMKTS:MAKSY) Stock Price Crosses Below 50-Day Moving Average – Time to Sell?

Marks and Spencer Group plc (OTCMKTS:MAKSYGet Free Report) shares crossed below its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $9.40 and traded as low as $8.09. Marks and Spencer Group shares last traded at $8.16, with a volume of 40,510 shares.

Marks and Spencer Group Price Performance

The company has a debt-to-equity ratio of 0.84, a quick ratio of 0.45 and a current ratio of 0.82. The business’s 50-day moving average is $9.40 and its 200-day moving average is $9.27.

Marks and Spencer Group Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, January 17th. Investors of record on Friday, November 29th were given a dividend of $0.0258 per share. The ex-dividend date was Friday, November 29th.

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.

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