Marston's (LON:MARS) Stock Crosses Above Two Hundred Day Moving Average - Here's What Happened

Shares of 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.

Wall Street Analyst Weigh In

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

Marston's Price Performance

The business 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 market cap of £269.84 million, a price-to-earnings ratio of -1,418.33, a P/E/G ratio of -0.16 and a beta of 1.68. The company has a current ratio of 0.15, a quick ratio of 0.23 and a debt-to-equity ratio of 269.71.

Insider Buying and Selling at Marston's

In other news, insider Hayleigh Lupino bought 111,997 shares of the business's stock in a transaction on Monday, December 23rd. The stock was purchased at an average price of GBX 45 ($0.55) per share, with a total value of £50,398.65 ($61,664.81). Company 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.