Mitchells & Butlers (LON:MAB) Sets New 1-Year Low – What’s Next?

Mitchells & Butlers plc (LON:MAB) shares reached a new 52-week low on Thursday . The company traded as low as GBX 215.50 ($2.79) and last traded at GBX 216 ($2.79), with a volume of 562396 shares traded. The stock had previously closed at GBX 220 ($2.84).

Analyst Upgrades and Downgrades

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

Mitchells & Butlers Trading Up 0.9 %

The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46. The stock’s 50-day moving average is GBX 232.05 and its two-hundred day moving average is GBX 255.94. The stock has a market cap of £1.30 billion, a P/E ratio of 28.94, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71.

Insider Activity at Mitchells & Butlers

In related news, insider Timothy (Tim) Charles Jones sold 13,429 shares of the company’s stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of GBX 241 ($3.11), for a total transaction of £32,363.89 ($41,830.02). Insiders have acquired a total of 179 shares of company stock valued at $41,478 over the last 90 days. 57.51% of the stock is owned by corporate insiders.

About Mitchells & Butlers

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.