Marex Group Plc (NASDAQ:MRX) shares, rose in value on Friday, March 28, with the stock price down by -0.03% to the previous day’s close as strong demand from buyers drove the stock to $34.48.
Actively observing the price movement in the last trading, the stock closed the session at $34.49, falling within a range of $33.43 and $35.4. The PE ratio was 12.68 over 12-month period. Referring to stock’s 52-week performance, its high was $40.05, and the low was $18.13. On the whole, MRX has fluctuated by -6.43% over the past month.
With the market capitalization of Marex Group Plc currently standing at about $2.42 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-05. The company’s Forward Dividend Ratio is 0.42, with its dividend yield at 1.22%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MRX’s technical picture suggests that short-term indicators denote the stock is a 50% Buy on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 100% Buy.
The stock’s technical analysis shows that the PEG ratio is about 1.23, with the price of MRX currently trading nearly 1.17% and -2.14% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 50.02, while the 7-day volatility ratio is showing 4.06% which for the 30-day chart, stands at 5.83%. Furthermore, Marex Group Plc (MRX)’s average true range (ATR) is 1.75.
Data on historical trading for Marex Group Plc (NASDAQ:MRX) indicates that the trading volumes over the past 10 days have averaged 0.33 and over the past 3 months, they’ve averaged 405.06K. According to company’s latest data on outstanding shares, there are 70.29 million shares outstanding.
Nearly 56.45% of Marex Group Plc’s shares belong to company insiders and institutional investors own 37.83% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.16 million shares as on 2025-03-14, resulting in a short ratio of 0.27. According to the data, the short interest in Marex Group Plc (MRX) stood at 50.00 of shares outstanding as of 2025-03-14; the number of short shares registered in 2025-02-14 reached 0.15 million. The stock has risen by 10.62% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MRX stock heading into the next quarter.
