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Mitchells & Butlers (LON:MAB) Share Price Passes Above Two Hundred Day Moving Average - What's Next?

Mitchells & Butlers logo with Consumer Cyclical background

Mitchells & Butlers plc (LON:MAB - Get Free Report)'s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 236.69 ($3.15) and traded as high as GBX 275.50 ($3.67). Mitchells & Butlers shares last traded at GBX 268.50 ($3.57), with a volume of 190,864 shares.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Stock Report on MAB

Mitchells & Butlers Stock Up 0.7%

The firm's 50-day moving average price is GBX 233.69 and its 200 day moving average price is GBX 236.69. The firm has a market cap of £1.60 billion, a P/E ratio of 35.83, a price-to-earnings-growth 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 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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