Mitchells & Butlers plc (LON:MAB) Insider Phil Urban Sells 106,910 Shares

Mitchells & Butlers plc (LON:MAB) insider Phil Urban sold 106,910 shares of the firm’s stock in a transaction on Monday, December 2nd. The stock was sold at an average price of GBX 246 ($3.12), for a total transaction of £262,998.60 ($333,247.09).

Phil Urban also recently made the following trade(s):

• On Friday, November 8th, Phil Urban bought 57 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 239 ($3.03) per share, with a total value of £136.23 ($172.62).
• On Friday, October 11th, Phil Urban purchased 50 shares of Mitchells & Butlers stock. The stock was bought at an average price of GBX 278 ($3.52) per share, for a total transaction of £139 ($176.13).

Mitchells & Butlers Stock Performance

Shares of MAB stock opened at GBX 253.50 ($3.21) on Wednesday. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 78.60. The stock has a 50 day simple moving average of GBX 262.62 and a 200-day simple moving average of GBX 285.47. The company has a market cap of £1.51 billion, a price-to-earnings ratio of 3,621.43, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a 12-month low of GBX 217.20 ($2.75) and a 12-month high of GBX 320 ($4.05).

Analyst Ratings Changes

MAB has been the topic of several analyst reports. Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, September 26th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Mitchells & Butlers in a research note on Wednesday, September 11th.

About Mitchells & Butlers

Mitchells & Butlers plc engages in the management of pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Browns, Castle, EGO, Ember Inns, Harvester, High Street, Innkeeper’s Lodge, Miller & Carter, Nicholson’s, O’Neill’s, Premium Country Pubs, Sizzling Pubs, Suburban, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats.