Mitchells & Butlers (LON:MAB) Share Price Crosses Above Two Hundred Day Moving Average – Should You Sell?

Mitchells & Butlers plc (LON:MAB) shares passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 262.47 and traded as high as GBX 270. Mitchells & Butlers shares last traded at GBX 266.50, with a volume of 609,936 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 355 price objective on shares of Mitchells & Butlers in a research note on Thursday, May 21st. Four analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of GBX 558.75.

Mitchells & Butlers Stock Performance

The company has a debt-to-equity ratio of 47.97, a current ratio of 0.48 and a quick ratio of 0.46. The stock has a 50-day moving average price of GBX 248.51 and a 200-day moving average price of GBX 262.52. The company has a market capitalization of £1.64 billion, a price-to-earnings ratio of 9.00, a PEG ratio of 2.76 and a beta of 1.28.

Mitchells & Butlers (LON:MAB) last posted its earnings results on Thursday, May 21st. The company reported GBX 17.40 earnings per share for the quarter. Mitchells & Butlers had a return on equity of 6.41% and a net margin of 6.70%.The business had revenue of GBX 149 billion for the quarter. As a group, analysts forecast that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current year.

Insider Buying and Selling at Mitchells & Butlers

In related news, insider Amanda Brown acquired 30,000 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were bought at an average cost of GBX 236 per share, with a total value of £70,800. Insiders have bought 30,227 shares of company stock valued at $7,135,169 over the last 90 days. 32.08% of the stock is owned by corporate insiders.

About Mitchells & Butlers

Mitchells & Butlers is a leading operator of managed restaurants and pubs in the UK. It listed on the London Stock Exchange in April 2003 and is a member of the FTSE 250. Its restaurants and pubs have some of the highest average sales and profits per site in the industry and it operates the best portfolio of brands in the UK.