Mitchells & Butlers (LON:MAB) Hits New 1-Year Low - Here's What Happened

Mitchells & Butlers plc (LON:MAB - Get Free Report)'s stock price hit a new 52-week low on Wednesday . The stock traded as low as GBX 220 ($2.73) and last traded at GBX 222.49 ($2.76), with a volume of 28623 shares changing hands. The stock had previously closed at GBX 222.50 ($2.76).

Analyst Ratings Changes

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

Mitchells & Butlers Stock Up 0.2 %

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 market capitalization of £1.38 billion, a PE ratio of 3,321.43, a PEG ratio of 2.76 and a beta of 1.71. The company's 50 day moving average is GBX 239 and its two-hundred day moving average is GBX 266.65.

Mitchells & Butlers (LON:MAB - Get Free Report) last posted its earnings results on Wednesday, November 27th. The company reported GBX 26.40 ($0.33) EPS for the quarter. Mitchells & Butlers had a return on equity of 2.05% and a net margin of 1.72%. On average, analysts anticipate that Mitchells & Butlers plc will post 26.6341463 earnings per share for the current year.

Insider Activity at Mitchells & Butlers

In other Mitchells & Butlers news, insider Phil Urban sold 106,910 shares of the stock in a transaction dated Monday, December 2nd. The shares were sold at an average price of GBX 246 ($3.05), for a total transaction of £262,998.60 ($326,260.51). Also, 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 ($2.99), for a total transaction of £32,363.89 ($40,148.73). In the last 90 days, insiders have purchased 1,477 shares of company stock worth $362,274 and have sold 148,948 shares worth $36,688,499. 57.51% of the stock is currently 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.