McBride (LON:MCB) Reaches New 52-Week Low at $60.00

Shares of McBride plc (LON:MCB) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 60 ($0.78) and last traded at GBX 63.40 ($0.83), with a volume of 20409 shares. The stock had previously closed at GBX 62 ($0.81).

A number of equities analysts have recently issued reports on the company. Peel Hunt restated a “hold” rating on shares of McBride in a research note on Monday, July 29th. Liberum Capital restated an “under review” rating on shares of McBride in a research note on Thursday, May 2nd. Numis Securities downgraded McBride to a “hold” rating and dropped their price target for the stock from GBX 115 ($1.50) to GBX 100 ($1.31) in a research note on Thursday, May 2nd. Finally, Jefferies Financial Group downgraded McBride to a “hold” rating and dropped their price target for the stock from GBX 160 ($2.09) to GBX 75 ($0.98) in a research note on Thursday, June 20th. Four research analysts have rated the stock with a hold rating, McBride has a consensus rating of “Hold” and an average price target of GBX 102 ($1.33).

The stock has a fifty day simple moving average of GBX 69.60. The company has a market capitalization of $115.89 million and a P/E ratio of 10.57. The company has a debt-to-equity ratio of 160.91, a current ratio of 1.03 and a quick ratio of 0.64.

McBride Company Profile (LON:MCB)

McBride plc, together with its subsidiaries, manufactures and sells private label household and personal care products to retailers in the United Kingdom, other regions in Europe, and Asia. The company offers various household products, such as laundry products, including laundry powder tablets, liquid gels, and laundry liquid sachets; dishwashing products comprising washing up liquids and machine dishwashing powders, tablets, and gels; household cleaners consisting of bathroom, kitchen, glass, ceramic hobs, antibacterial, and multisurface cleaners; toilet cleaners and descaling products; and air freshener products, such as time release sprays, gel air fresheners, plug-in fresheners, sprays, diffusers, and candles.

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