Marston’s (LON:MARS) Stock Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Marston’s PLC (LON:MARS)’s stock price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 39.41 ($0.53) and traded as high as GBX 40 ($0.54). Marston’s shares last traded at GBX 39.10 ($0.53), with a volume of 513,263 shares trading hands.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “buy” rating on shares of Marston’s in a research report on Tuesday, July 22nd. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, Marston’s has an average rating of “Buy”.

Marston’s Stock Performance

The company has a current ratio of 0.36, a quick ratio of 0.23 and a debt-to-equity ratio of 198.96. The firm has a 50-day simple moving average of GBX 39.30 and a two-hundred day simple moving average of GBX 39.41. The company has a market capitalization of £248.13 million, a price-to-earnings ratio of 782.00, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68.

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.