Marston’s (LON:MARS) Stock Passes Below Two Hundred Day Moving Average – Time to Sell?

Marston’s PLC (LON:MARS) shares passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 55.37 and traded as low as GBX 50.20. Marston’s shares last traded at GBX 50.20, with a volume of 2,014,513 shares.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “buy” rating on shares of Marston’s in a research note on Wednesday, January 28th. Four analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Marston’s presently has a consensus rating of “Buy” and a consensus target price of GBX 80.

Marston’s Price Performance

The company has a debt-to-equity ratio of 157.01, a quick ratio of 0.23 and a current ratio of 0.31. The company has a market cap of £317.69 million, a price-to-earnings ratio of 4.52, a price-to-earnings-growth ratio of -0.16 and a beta of 0.95. The business has a 50-day simple moving average of GBX 55.92 and a 200-day simple moving average of GBX 55.37.

Marston’s Company Profile

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. The company was founded in 1834 and is based in Wolverhampton, the United Kingdom.