Mitchells & Butlers (LON:MAB) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Mitchells & Butlers plc (LON:MAB) shares crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 243.25 ($3.28) and traded as high as GBX 285 ($3.84). Mitchells & Butlers shares last traded at GBX 276.50 ($3.72), with a volume of 291,773 shares trading hands.

Analyst Upgrades and Downgrades

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

Mitchells & Butlers Trading Up 0.2%

The firm has a market capitalization of £1.64 billion, a P/E ratio of 36.69, a PEG ratio of 2.76 and a beta of 1.71. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56. The business has a 50-day moving average price of GBX 266.75 and a 200-day moving average price of GBX 243.25.

Mitchells & Butlers (LON:MAB) last released its quarterly earnings data 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%. Analysts anticipate 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.