Mitchells & Butlers (LON:MAB) Sets New 1-Year Low – Should You Sell?

Mitchells & Butlers plc (LON:MAB)’s stock price hit a new 52-week low during trading on Monday . The company traded as low as GBX 209.96 ($2.71) and last traded at GBX 210.77 ($2.72), with a volume of 324393 shares traded. The stock had previously closed at GBX 218.50 ($2.82).

Analyst Ratings Changes

Separately, Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a research report on Friday, March 7th.

Mitchells & Butlers Stock Down 1.2 %

The firm has a 50-day moving average price of GBX 225.27 and a two-hundred day moving average price of GBX 246.31. The company has a market capitalization of £1.23 billion, a price-to-earnings ratio of 27.55, a PEG ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46.

Insiders Place Their Bets

In other Mitchells & Butlers news, insider Timothy (Tim) Charles Jones sold 13,429 shares of Mitchells & Butlers stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of GBX 241 ($3.12), for a total value of £32,363.89 ($41,840.84). Insiders bought a total of 243 shares of company stock valued at $55,302 in the last quarter. 57.51% of the stock is currently owned by 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.