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

Marston’s PLC (LON:MARS)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 39.36 ($0.48) and traded as high as GBX 43.50 ($0.54). Marston’s shares last traded at GBX 43.10 ($0.53), with a volume of 1,590,535 shares.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on MARS shares. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Marston’s in a report on Wednesday, September 11th. Shore Capital restated a “buy” rating on shares of Marston’s in a research note on Wednesday, December 4th.

Marston’s Stock Performance

The firm’s fifty day simple moving average is GBX 40.89 and its 200 day simple moving average is GBX 39.52. The company has a market capitalization of £266.36 million, a PE ratio of -1,400.00, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68. The company has a debt-to-equity ratio of 269.71, a current ratio of 0.15 and a quick ratio of 0.23.

Insider Activity

In other news, insider Hayleigh Lupino purchased 111,997 shares of the stock in a transaction that occurred on Monday, December 23rd. The shares were purchased at an average cost of GBX 45 ($0.55) per share, with a total value of £50,398.65 ($62,013.84). Insiders own 1.83% of the company’s stock.

Marston’s Company Profile

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.