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

Mitchells & Butlers plc (LON:MAB) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 261.58 and traded as high as GBX 300.50. Mitchells & Butlers shares last traded at GBX 299.49, with a volume of 1,177,135 shares changing hands.

Wall Street Analyst Weigh In

MAB has been the topic of a number of recent research reports. Shore Capital Group reissued a “buy” rating on shares of Mitchells & Butlers in a report on Thursday, January 15th. JPMorgan Chase & Co. reiterated a “neutral” rating and issued a GBX 340 price target on shares of Mitchells & Butlers in a report on Tuesday, December 2nd. Finally, Panmure Gordon reiterated a “buy” rating and set a GBX 390 price target on shares of Mitchells & Butlers in a research report on Tuesday, December 2nd. Three equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Mitchells & Butlers currently has an average rating of “Moderate Buy” and an average price target of GBX 351.25.

Mitchells & Butlers Stock Up 0.5%

The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46. The firm has a 50-day simple moving average of GBX 273.84 and a two-hundred day simple moving average of GBX 261.58. The company has a market cap of £1.78 billion, a PE ratio of 10.15, a P/E/G ratio of 2.76 and a beta of 1.71.

Mitchells & Butlers (LON:MAB) last released its earnings results on Friday, November 28th. The company reported GBX 30.90 earnings per share (EPS) for the quarter. Mitchells & Butlers had a net margin of 1.72% and a return on equity of 1.89%. Research analysts anticipate that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current fiscal year.

Insider Buying and Selling at Mitchells & Butlers

In other news, insider Timothy (Tim) Charles Jones sold 47,849 shares of the company’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of GBX 256, for a total transaction of £122,493.44. Also, insider Phil Urban sold 57,217 shares of Mitchells & Butlers stock in a transaction on Friday, December 12th. The shares were sold at an average price of GBX 256, for a total value of £146,475.52. Over the last three months, insiders have bought 210 shares of company stock valued at $55,176 and have sold 462,102 shares valued at $119,726,256. 32.27% of the stock is owned by insiders.

Mitchells & Butlers Company Profile

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.