Mitchells & Butlers (LON:MAB) Reaches New 12-Month Low – Time to Sell?

Mitchells & Butlers plc (LON:MAB) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 210 ($2.72) and last traded at GBX 218 ($2.82), with a volume of 5182 shares traded. The stock had previously closed at GBX 215.50 ($2.79).

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating on shares of Mitchells & Butlers in a report on Friday, March 7th.

Mitchells & Butlers Trading Up 3.2 %

The company has a 50 day moving average of GBX 229.17 and a 200 day moving average of GBX 252.69. The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 63.56. The firm has a market cap of £1.32 billion, a price-to-earnings ratio of 29.47, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71.

Insider Activity at Mitchells & Butlers

In other news, insider Timothy (Tim) Charles Jones sold 13,429 shares of the company’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of GBX 241 ($3.12), for a total transaction of £32,363.89 ($41,862.49). Over the last quarter, insiders purchased 179 shares of company stock worth $41,478. 57.51% of the stock is owned by 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.