Mitchells & Butlers (LON:MAB) Sets New 1-Year Low - Here's Why

Mitchells & Butlers plc (LON:MAB - Get Free Report) reached a new 52-week low during trading on Friday . The stock traded as low as GBX 210 ($2.73) and last traded at GBX 218 ($2.83), with a volume of 5182 shares trading hands. The stock had previously closed at GBX 215.50 ($2.80).

Analyst Ratings Changes

Separately, Shore Capital reissued a "buy" rating on shares of Mitchells & Butlers in a research note on Friday, March 7th.

Mitchells & Butlers Stock Up 0.2 %

The business's 50 day moving average is GBX 228.80 and its 200-day moving average is GBX 251.72. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46. The company has a market cap of £1.33 billion, a PE ratio of 29.73, a P/E/G ratio of 2.76 and a beta of 1.71.

Insider Buying and Selling

In related news, insider Timothy (Tim) Charles Jones sold 13,429 shares of Mitchells & Butlers stock in a transaction that occurred on Wednesday, January 15th. The shares were sold at an average price of GBX 241 ($3.13), for a total value of £32,363.89 ($42,036.49). Insiders bought 179 shares of company stock worth $41,478 over the last 90 days. 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.