Marston’s’ (MARS) Buy Rating Reiterated at Shore Capital

Marston’s (LON:MARS)‘s stock had its “buy” rating reiterated by investment analysts at Shore Capital in a note issued to investors on Tuesday,Digital Look reports.

Marston’s Stock Down 5.3 %

Shares of LON:MARS traded down GBX 2.25 ($0.03) during trading on Tuesday, reaching GBX 40.05 ($0.49). 3,418,429 shares of the stock were exchanged, compared to its average volume of 1,558,053. Marston’s has a 1-year low of GBX 25.55 ($0.32) and a 1-year high of GBX 47.75 ($0.59). The stock has a fifty day moving average of GBX 41.49 and a two-hundred day moving average of GBX 40.08. The company has a debt-to-equity ratio of 269.71, a current ratio of 0.15 and a quick ratio of 0.23. The firm has a market cap of £253.99 million, a price-to-earnings ratio of -1,335.00, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68.

Insider Buying and Selling at Marston’s

In related news, insider Hayleigh Lupino purchased 111,997 shares of the stock in a transaction that occurred on Monday, December 23rd. The stock was acquired at an average cost of GBX 45 ($0.55) per share, with a total value of £50,398.65 ($62,143.83). Insiders own 1.83% of the company’s stock.

Marston’s Company Profile

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007.