Mitchells & Butlers (LON:MAB) Hits New 12-Month Low – What’s Next?

Mitchells & Butlers plc (LON:MAB) shares 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 ($2.73), with a volume of 324393 shares traded. The stock had previously closed at GBX 218.50 ($2.83).

Analyst Upgrades and Downgrades

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

Mitchells & Butlers Price Performance

The company has a market cap of £1.25 billion, a P/E ratio of 27.91, a PEG ratio of 2.76 and a beta of 1.71. The firm’s 50-day moving average is GBX 226.51 and its two-hundred day moving average is GBX 247.42. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46.

Insider Activity

In related news, insider Timothy (Tim) Charles Jones sold 13,429 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of GBX 241 ($3.12), for a total transaction of £32,363.89 ($41,846.25). Insiders purchased 179 shares of company stock valued at $41,478 in the last ninety days. Insiders own 57.51% of the company’s stock.

Mitchells & Butlers Company Profile

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.