Mitchells & Butlers (LON:MAB) Reaches New 12-Month Low - What's Next?

Shares of Mitchells & Butlers plc (LON:MAB - Get Free Report) hit a new 52-week low during trading on Friday . The company traded as low as GBX 219 ($2.80) and last traded at GBX 220.50 ($2.82), with a volume of 25266 shares traded. The stock had previously closed at GBX 222 ($2.84).

Analyst Ratings Changes

Separately, Shore Capital restated a "buy" rating on shares of Mitchells & Butlers in a research note on Thursday, December 19th.

Mitchells & Butlers Stock Performance

The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56. The firm has a market cap of £1.30 billion, a P/E ratio of 29.14, a PEG ratio of 2.76 and a beta of 1.71. The firm has a fifty day moving average of GBX 233.24 and a 200-day moving average of GBX 257.20.

Insider Activity at Mitchells & Butlers

In other news, insider Timothy (Tim) Charles Jones sold 13,429 shares of the business's stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of GBX 241 ($3.08), for a total transaction of £32,363.89 ($41,401.93). Also, insider Phil Urban sold 28,609 shares of the company's stock in a transaction dated Friday, December 6th. The stock was sold at an average price of GBX 250 ($3.20), for a total value of £71,522.50 ($91,496.10). In the last quarter, insiders have bought 179 shares of company stock valued at $41,478. 57.51% of the stock is owned by insiders.

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.