Marston’s (LON:MARS) Stock Price Passes Above Two Hundred Day Moving Average – Should You Sell?

Shares of Marston’s PLC (LON:MARS) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 40.76 ($0.51) and traded as high as GBX 43.15 ($0.55). Marston’s shares last traded at GBX 42.15 ($0.53), with a volume of 571,875 shares.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “buy” rating on shares of Marston’s in a research report on Tuesday, January 21st.

Marston’s Stock Performance

The company has a quick ratio of 0.23, a current ratio of 0.36 and a debt-to-equity ratio of 198.96. The company has a 50 day moving average of GBX 41.99 and a 200 day moving average of GBX 40.76. The firm has a market cap of £265.35 million, a price-to-earnings ratio of -15.46, a PEG ratio of -0.16 and a beta of 1.68.

Marston’s (LON:MARS) last announced its quarterly earnings data on Tuesday, December 3rd. The company reported GBX 5.20 ($0.07) earnings per share for the quarter. Marston’s had a negative return on equity of 2.72% and a negative net margin of 1.91%. As a group, equities research analysts expect that Marston’s PLC will post 8.364486 EPS for the current fiscal year.

Insider Transactions at Marston’s

In other Marston’s news, insider Hayleigh Lupino acquired 45,736 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were acquired at an average cost of GBX 43 ($0.54) per share, for a total transaction of £19,666.48 ($24,847.10). 1.83% of the stock is currently owned by insiders.

About Marston’s

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.