Marston’s (LON:MARS) Shares Pass Above Two Hundred Day Moving Average – Should You Sell?

Marston’s PLC (LON:MARS)’s share price crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of GBX 39.84 ($0.49) and traded as high as GBX 42.24 ($0.52). Marston’s shares last traded at GBX 42.20 ($0.52), with a volume of 1,001,166 shares.

Wall Street Analyst Weigh In

Separately, Shore Capital reissued a “buy” rating on shares of Marston’s in a report on Wednesday, December 4th.

Marston’s Stock Up 1.5 %

The company has a quick ratio of 0.23, a current ratio of 0.15 and a debt-to-equity ratio of 269.71. The firm’s 50-day moving average price is GBX 41.19 and its 200 day moving average price is GBX 39.84. The firm has a market cap of £271.77 million, a P/E ratio of -1,428.43, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68.

Insider Buying and Selling at Marston’s

In other Marston’s news, insider Hayleigh Lupino bought 111,997 shares of the business’s stock in a transaction on Monday, December 23rd. The shares were purchased at an average price of GBX 45 ($0.55) per share, with a total value of £50,398.65 ($61,687.45). 1.83% of the stock is currently owned by company insiders.

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.