Marston’s (LON:MARS) Shares Cross Above 200 Day Moving Average of $31.15

Marston’s PLC (LON:MARSGet Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 31.15 ($0.40) and traded as high as GBX 36.65 ($0.47). Marston’s shares last traded at GBX 35.15 ($0.45), with a volume of 586,330 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of Marston’s in a research report on Tuesday, May 28th.

Check Out Our Latest Report on Marston’s

Marston’s Price Performance

The company has a debt-to-equity ratio of 269.71, a quick ratio of 0.23 and a current ratio of 0.15. The company has a 50-day simple moving average of GBX 30.46 and a 200-day simple moving average of GBX 31.15. The company has a market cap of £222.68 million, a price-to-earnings ratio of -1,171.67, a PEG ratio of -0.16 and a beta of 1.49.

Insiders Place Their Bets

In other news, insider Justin Platt purchased 347,886 shares of the stock in a transaction that occurred on Thursday, March 14th. The shares were acquired at an average price of GBX 29 ($0.37) per share, for a total transaction of £100,886.94 ($129,259.37). 1.80% of the stock is currently owned by insiders.

About Marston’s

(Get Free Report)

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.

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