Mitchells & Butlers (LON:MAB) Stock Price Breaks Above 200 Day Moving Average – Here’s What Happened

Mitchells & Butlers plc (LON:MAB – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 261.92 and traded as high as GBX 281.50. Mitchells & Butlers shares last traded at GBX 279.50, with a volume of 221,791 shares traded.

Mitchells & Butlers Stock Performance

The business’s fifty day moving average price is GBX 277.29 and its 200-day moving average price is GBX 261.96. The company has a debt-to-equity ratio of 47.97, a quick ratio of 0.46 and a current ratio of 0.48. The stock has a market cap of £1.68 billion, a PE ratio of 9.23, a P/E/G ratio of 2.76 and a beta of 1.29.

About Mitchells & Butlers

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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.

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