Marlowe (LON:MRL) Shares Pass Below 50-Day Moving Average – Here’s Why

by · The Cerbat Gem

Marlowe plc (LON:MRL – Get Free Report) crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 328.83 ($4.26) and traded as low as GBX 324 ($4.20). Marlowe shares last traded at GBX 324.75 ($4.21), with a volume of 609,126 shares.

Marlowe Price Performance

The company has a market capitalization of £262.47 million, a PE ratio of -30.51 and a beta of 0.44. The company has a current ratio of 1.24, a quick ratio of 0.80 and a debt-to-equity ratio of 58.99. The stock has a fifty day simple moving average of GBX 329.15 and a 200-day simple moving average of GBX 344.95.

Marlowe Company Profile

(Get Free Report)

Marlowe is a leader in business-critical services and software which assure regulatory compliance. The company was formed to create sustainable shareholder value through the acquisition and development of businesses that provide regulated safety and compliance services and software. It is focused on compliance software, eLearning, health & safety, employment law & HR compliance, fire safety & security, water & air hygiene and occupational health services – all of which are vital to the wellbeing of its customers operations and are invariably governed by regulation.

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