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Mitchells & Butlers (LON:MAB) Share Price Passes Above Two Hundred Day Moving Average - Here's What Happened

Mitchells & Butlers logo with Consumer Cyclical background

Shares of Mitchells & Butlers plc (LON:MAB - Get Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 279.30 ($3.74) and traded as high as GBX 288.82 ($3.86). Mitchells & Butlers shares last traded at GBX 286.50 ($3.83), with a volume of 173,482 shares trading hands.

Wall Street Analyst Weigh In

MAB has been the subject of several research analyst reports. Shore Capital reissued a "buy" rating on shares of Mitchells & Butlers in a report on Thursday, September 26th. JPMorgan Chase & Co. reaffirmed a "neutral" rating on shares of Mitchells & Butlers in a report on Wednesday, September 11th.

View Our Latest Stock Analysis on MAB

Mitchells & Butlers Trading Down 0.3 %

The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 78.60. The company has a fifty day moving average of GBX 299.78 and a two-hundred day moving average of GBX 279.35. The stock has a market capitalization of £1.70 billion, a price-to-earnings ratio of 4,007.14, a P/E/G ratio of 2.76 and a beta of 1.71.

About Mitchells & Butlers

(Get Free Report)

Mitchells & Butlers plc engages in the management of pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Browns, Castle, EGO, Ember Inns, Harvester, High Street, Innkeeper's Lodge, Miller & Carter, Nicholson's, O'Neill's, Premium Country Pubs, Sizzling Pubs, Suburban, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats.

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