Marston’s (LON:MARS) Stock Price Passes Above Two Hundred Day Moving Average – Here’s Why

Marston’s PLC (LON:MARS) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of GBX 35.93 ($0.47) and traded as high as GBX 41.95 ($0.54). Marston’s shares last traded at GBX 41.50 ($0.54), with a volume of 1,302,939 shares traded.

Analyst Ratings Changes

MARS has been the topic of several analyst reports. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Marston’s in a research note on Wednesday, September 11th. Shore Capital reiterated a “buy” rating on shares of Marston’s in a report on Wednesday, October 16th.

Marston’s Stock Down 0.1 %

The firm has a market cap of £263.50 million, a price-to-earnings ratio of -1,385.00, a P/E/G ratio of -0.16 and a beta of 1.68. The firm has a fifty day simple moving average of GBX 40.70 and a 200-day simple moving average of GBX 36.06. The company has a debt-to-equity ratio of 269.71, a quick ratio of 0.23 and a current ratio of 0.15.

About Marston’s

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.