Marston's (LON:MARS) Shares Pass Above Two Hundred Day Moving Average - Time to Sell?

Marston's PLC (LON:MARS - Get Free Report) passed 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 changing hands.

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a "buy" rating on shares of Marston's in a report on Wednesday, December 4th.

Marston's Stock Performance

The firm has a market cap of £269.84 million, a PE ratio of -1,418.33, a P/E/G ratio of -0.16 and a beta of 1.68. The stock has a 50-day moving average price of GBX 41.29 and a 200 day moving average price of GBX 39.92. 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 Buying and Selling at Marston's

In other news, insider Hayleigh Lupino acquired 111,997 shares of Marston's stock in a transaction dated Monday, December 23rd. The shares were acquired at an average cost of GBX 45 ($0.55) per share, with a total value of £50,398.65 ($61,664.81). 1.83% of the stock is owned by company insiders.

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.