Zacks Investment Research Upgrades MARKS & SPENCER/S (OTCMKTS:MAKSY) to Hold

MARKS & SPENCER/S (OTCMKTS:MAKSY) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Tuesday, Zacks.com reports.

According to Zacks, “MARKS & SPENCER is one of the UK’s leading retailers, offering high quality, great value clothing, as well as home products and outstanding quality food. M&S employs over 75,000 people and has over 600 stores in the UK and over 275 stores in 39 territories around the world. “

OTCMKTS:MAKSY traded down $0.02 during trading hours on Tuesday, reaching $4.53. 84,555 shares of the stock were exchanged, compared to its average volume of 108,246. The company has a quick ratio of 0.35, a current ratio of 0.67 and a debt-to-equity ratio of 0.48. The firm has a 50 day simple moving average of $4.66 and a 200-day simple moving average of $5.25. MARKS & SPENCER/S has a 52 week low of $3.93 and a 52 week high of $8.22. The stock has a market capitalization of $3.83 billion, a P/E ratio of 6.86 and a beta of 1.09.

About MARKS & SPENCER/S

Marks and Spencer Group plc operates various retail stores. It offers food products; and womenswear, menswear, kids wear, lingerie, and beauty and home products through its stores and online. The company operates 1463 stores, including 253 owned and 383 franchise Simply Food stores; and 343 full-line and outlet stores in the United Kingdom.

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Analyst Recommendations for MARKS & SPENCER/S (OTCMKTS:MAKSY)

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