Mitchells & Butlers (LON:MAB) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Mitchells & Butlers plc (LON:MAB) shares passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 239.91 ($3.24) and traded as high as GBX 293.50 ($3.97). Mitchells & Butlers shares last traded at GBX 287 ($3.88), with a volume of 208,854 shares.

Analyst Upgrades and Downgrades

Separately, Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a research report on Thursday, May 22nd.

Mitchells & Butlers Stock Down 0.2%

The stock has a market cap of £1.70 billion, a P/E ratio of 38.01, a P/E/G ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46. The firm has a 50 day simple moving average of GBX 251.36 and a two-hundred day simple moving average of GBX 239.91.

Mitchells & Butlers (LON:MAB) last announced its earnings results on Thursday, May 22nd. The company reported GBX 16.80 ($0.23) earnings per share (EPS) for the quarter. Mitchells & Butlers had a return on equity of 1.89% and a net margin of 1.72%. Equities research analysts predict that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current year.

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.