Marston’s (LON:MARS) Stock Price Crosses Above 200 Day Moving Average – Should You Sell?

Marston’s PLC (LON:MARS)’s stock price passed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 40.92 and traded as high as GBX 47.05. Marston’s shares last traded at GBX 44.50, with a volume of 6,254,148 shares trading hands.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. Shore Capital reiterated a “buy” rating on shares of Marston’s in a research report on Wednesday, October 8th. Peel Hunt reaffirmed a “buy” rating and set a GBX 75 target price on shares of Marston’s in a research note on Wednesday, October 8th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 75.

Marston’s Stock Down 0.2%

The company has a debt-to-equity ratio of 198.96, a current ratio of 0.36 and a quick ratio of 0.23. The firm has a market capitalization of £281.94 million, a P/E ratio of 8.88, a PEG ratio of -0.16 and a beta of 1.68. The firm’s fifty day moving average price is GBX 41.03 and its 200-day moving average price is GBX 40.92.

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.