Mitchells & Butlers (LON:MAB) Hits New 52-Week Low – Time to Sell?

Mitchells & Butlers plc (LON:MAB)’s share price reached a new 52-week low during trading on Friday . The stock traded as low as GBX 219 ($2.75) and last traded at GBX 220.50 ($2.77), with a volume of 25266 shares changing hands. The stock had previously closed at GBX 222 ($2.79).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a research report on Thursday, December 19th.

Mitchells & Butlers Price Performance

The firm has a 50-day moving average of GBX 234.17 and a 200 day moving average of GBX 258.72. 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 company has a market capitalization of £1.31 billion, a PE ratio of 29.27, a PEG ratio of 2.76 and a beta of 1.71.

Mitchells & Butlers (LON:MAB) last posted its earnings results on Wednesday, November 27th. The company reported GBX 26.40 ($0.33) earnings per share for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. As a group, 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 13,429 shares of the firm’s stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of GBX 241 ($3.03), for a total value of £32,363.89 ($40,704.18). Also, insider Phil Urban sold 28,609 shares of the firm’s stock in a transaction dated Friday, December 6th. The stock was sold at an average price of GBX 250 ($3.14), for a total value of £71,522.50 ($89,954.09). Over the last 90 days, insiders have sold 148,948 shares of company stock valued at $36,688,499. 57.51% of the stock is owned by company 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.