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

Shares of 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 239.91 ($3.25) and traded as high as GBX 293.50 ($3.98). Mitchells & Butlers shares last traded at GBX 287 ($3.89), with a volume of 208,854 shares traded.

Analyst Ratings Changes

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

Mitchells & Butlers Price Performance

The company has a current ratio of 0.46, a quick ratio of 0.46 and a debt-to-equity ratio of 63.56. The company has a market cap of £1.68 billion, a PE ratio of 37.60, a P/E/G ratio of 2.76 and a beta of 1.71. The firm has a 50 day moving average of GBX 252.72 and a two-hundred day moving average of GBX 240.28.

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

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.