Previous close | 164.45 |
Open | 165.45 |
Bid | 125.40 x 0 |
Ask | 175.00 x 0 |
Day's range | 165.12 - 169.80 |
52-week range | 94.82 - 169.80 |
Volume | |
Avg. volume | 13,358,447 |
Market cap | 6.85B |
Beta (5Y monthly) | 1.67 |
PE ratio (TTM) | N/A |
EPS (TTM) | -0.05 |
Earnings date | 02 Mar 2023 |
Forward dividend & yield | 0.02 (1.45%) |
Ex-dividend date | 09 Mar 2023 |
1y target est | 186.67 |
The company, which announced in September its plans to spin off the GKN automotive division, smaller powder metallurgy and hydrogen businesses from its aerospace arm, would be demerged into a new independent holding company called Dowlais Group, it added. Melrose, which will retain ownership of GKN Aerospace, also planned to seek a London listing of the demerged company. The company, which specialises in acquiring and turning around underperforming businesses before selling them, bought British engineer GKN in 2018 for $11 billion after a three-month battle to gain control of the firm.
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We feel now is a pretty good time to analyse Melrose Industries PLC's ( LON:MRO ) business as it appears the company...