Mitchells & Butlers (LON:MAB) Stock Crosses Above 200 Day Moving Average – Time to Sell?

Mitchells & Butlers plc (LON:MAB)’s stock price crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 236.92 ($3.15) and traded as high as GBX 261.50 ($3.48). Mitchells & Butlers shares last traded at GBX 258 ($3.43), with a volume of 321,188 shares traded.

Analyst Ratings Changes

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

Mitchells & Butlers Trading Down 1.1 %

The company has a market cap of £1.53 billion, a PE ratio of 34.17, a PEG ratio of 2.76 and a beta of 1.71. 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’s 50 day moving average is GBX 228.22 and its 200 day moving average is GBX 236.92.

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.