Mitchells & Butlers (LON:MAB) Stock Price Crosses Above 200-Day Moving Average - What's Next?

Mitchells & Butlers plc (LON:MAB - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of GBX 246.95 ($3.35) and traded as high as GBX 291 ($3.95). Mitchells & Butlers shares last traded at GBX 290 ($3.94), with a volume of 232,936 shares trading hands.

Analyst Upgrades and Downgrades

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

Mitchells & Butlers Price Performance

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 firm's 50 day moving average is GBX 279.57 and its 200 day moving average is GBX 247.54. The firm has a market cap of £1.71 billion, a P/E ratio of 38.28, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71.

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

About Mitchells & Butlers

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.