Marlowe plc (OTCMKTS:MRLWF – Get Free Report) was the target of a significant decline in short interest during the month of August. As of August 31st, there was short interest totalling 200 shares, a decline of 93.8% from the August 15th total of 3,200 shares. Based on an average daily trading volume, of 100 shares, the short-interest ratio is currently 2.0 days.
Marlowe Stock Performance
Shares of OTCMKTS:MRLWF remained flat at $7.54 during trading on Wednesday. The business has a 50-day simple moving average of $7.32 and a 200-day simple moving average of $6.85. Marlowe has a one year low of $5.76 and a one year high of $8.63.
Analyst Upgrades and Downgrades
Separately, Berenberg Bank cut their price objective on shares of Marlowe from GBX 1,160 ($14.52) to GBX 800 ($10.01) in a research report on Friday, June 30th.
About Marlowe
Marlowe plc provides compliance services and software in the United Kingdom. The company operates in two segments, Governance, Risk and Compliance; and Testing, and Inspection and Certification. It offers health and safety consultancy, risk and audit assessments, environmental, contractor management, and training services; and health and safety support services.
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