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Mitchells & Butlers (LON:MAB) Stock Price Passes Above 200 Day Moving Average - Here's Why

Mitchells & Butlers logo with Consumer Cyclical background

Mitchells & Butlers plc (LON:MAB - Get Free Report)'s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 243.25 ($3.29) and traded as high as GBX 285 ($3.86). Mitchells & Butlers shares last traded at GBX 276.50 ($3.74), with a volume of 291,773 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Shore Capital reaffirmed a "buy" rating on shares of Mitchells & Butlers in a research note on Thursday, May 22nd.

Get Our Latest Report on MAB

Mitchells & Butlers Price Performance

The company has a 50 day moving average price of GBX 268.65 and a 200-day moving average price of GBX 243.59. The company has a market cap of £1.68 billion, a price-to-earnings ratio of 37.48, a P/E/G ratio of 2.76 and a beta of 1.71. The company has a quick ratio of 0.46, a current ratio of 0.46 and a debt-to-equity ratio of 63.56.

Mitchells & Butlers (LON:MAB - Get Free Report) last announced its quarterly earnings data on Thursday, May 22nd. The company reported GBX 16.80 ($0.23) EPS for the quarter. Mitchells & Butlers had a net margin of 1.72% and a return on equity of 1.89%. As a group, equities research analysts predict that Mitchells & Butlers plc will post 26.6341463 EPS for the current fiscal year.

Mitchells & Butlers Company Profile

(Get Free Report)

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.

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