Marex Group Plc (NASDAQ:MRX) shares, rose in value, with the stock price down by -2.05% to the previous day’s close as strong demand from buyers drove the stock to $37.33.
Actively observing the price movement in the recent trading, the stock is buoying the session at $38.11, falling within a range of $36.7 and $37.73. The PE ratio was 13.73 over 12-month period. Referring to stock’s 52-week performance, its high was $40.96, and the low was $18.13. On the whole, MRX has fluctuated by 10.64% over the past month.
With the market capitalization of Marex Group Plc currently standing at about $2.62 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 1.13%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 1.76B, with a low estimate of 455.73M and a high estimate of 460.64M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 458.6M.
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 100% Buy on average. However, medium-term indicators have put the stock in the category of 100% 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 1.21, with the price of MRX currently trading nearly 2.46% and 4.16% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 53.39, while the 7-day volatility ratio is showing 5.58% which for the 30-day chart, stands at 6.29%. Furthermore, Marex Group Plc (MRX)’s beta value is 0.41, and its average true range (ATR) is 2.36.
Data on historical trading for Marex Group Plc (NASDAQ:MRX) indicates that the trading volumes over the past 10 days have averaged 1.06 and over the past 3 months, they’ve averaged 542.79K. 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 37.85% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 0.29 million shares as on 2025-03-31, resulting in a short ratio of 0.6. According to the data, the short interest in Marex Group Plc (MRX) stood at 92.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 0.18 million. The stock has risen by 19.76% 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.
