Marex Group Plc (NASDAQ: MRX) is 20.26% higher on its value in year-to-date trading and has touched a low of $18.13 and a high of $40.96 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MRX stock was last observed hovering at around $39.97 in the last trading session, with the day’s loss setting it -2.48%.
Currently trading at $37.49, the stock is 6.06% and 5.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.18 million and changing -6.22% at the moment leaves the stock 31.93% off its SMA200. MRX registered a gain of 47.12% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $35.6167 and a 200-day simple moving average (SMA200) of $28.413425.
The stock witnessed a 17.21% loss in the last 1 month and extending the period to 3 months gives it a 15.20%, and is 1.09% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.64% over the week and 6.34% over the month.
Marex Group Plc (MRX) has around 2340 employees, a market worth around $2.63B and $2.89B in sales. Current P/E ratio is 13.79 and Fwd P/E is 9.83. Profit margin for the company is 7.07%. Distance from 52-week low is 106.76% and -8.48% from its 52-week high. The company has generated returns on investments over the last 12 months (8.09%).
The EPS is expected to grow by 11.44% this year
133.0 institutions hold shares in Marex Group Plc (MRX), with institutional investors hold 103.87% of the company’s shares. The shares outstanding are 70.29M, and float is at 30.61M with Short Float at 0.94%. Institutions hold 43.86% of the Float.
The top institutional shareholder in the company is CAPITAL INTERNATIONAL INVESTORS with over 1.5 million shares valued at $30.0 million. The investor’s holdings represent 1.9242 of the MRX Shares outstanding. As of 2024-06-30, the second largest holder is WILLIAM BLAIR INVESTMENT MANAGEMENT, LLC with 1.44 million shares valued at $28.84 million to account for 1.8495 of the shares outstanding. The other top investors are ROYCE & ASSOCIATES LP which holds 1.32 million shares representing 1.693 and valued at over $26.39 million, while GRANAHAN INVESTMENT MANAGEMENT, LLC holds 1.6337 of the shares totaling 1.27 million with a market value of $25.47 million.
Marex Group Plc (MRX) Insider Activity
Still, SEC filings show that on Mar 10 ’25, Nilesh Kumar Jethwa (Officer) Proposed Sale 299,473 shares at an average price of $31.77 for $9.51 million. The insider now directly holds shares of Marex Group Plc (MRX).
