Mitchells & Butlers plc (LON:MAB) Insider Phil Urban Sells 28,609 Shares

Mitchells & Butlers plc (LON:MAB) insider Phil Urban sold 28,609 shares of Mitchells & Butlers stock in a transaction dated Friday, December 6th. The shares were sold at an average price of GBX 250 ($3.19), for a total value of £71,522.50 ($91,169.53).

Phil Urban also recently made the following trade(s):

• On Monday, December 2nd, Phil Urban sold 106,910 shares of Mitchells & Butlers stock. The shares were sold at an average price of GBX 246 ($3.14), for a total transaction of £262,998.60 ($335,243.59).
• On Friday, November 8th, Phil Urban bought 57 shares of Mitchells & Butlers stock. The shares were purchased at an average cost of GBX 239 ($3.05) per share, for a total transaction of £136.23 ($173.65).
• On Friday, October 11th, Phil Urban acquired 50 shares of Mitchells & Butlers stock. The shares were acquired at an average cost of GBX 278 ($3.54) per share, with a total value of £139 ($177.18).

Mitchells & Butlers Price Performance

Shares of Mitchells & Butlers stock opened at GBX 246.50 ($3.14) on Tuesday. The firm has a market capitalization of £1.46 billion, a PE ratio of 3,521.43, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. The company has a current ratio of 0.47, a quick ratio of 0.46 and a debt-to-equity ratio of 78.60. Mitchells & Butlers plc has a 12 month low of GBX 220 ($2.80) and a 12 month high of GBX 320 ($4.08). The business’s 50-day moving average price is GBX 257.54 and its 200-day moving average price is GBX 285.03.

Wall Street Analyst Weigh In

MAB has been the subject of several research analyst reports. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Mitchells & Butlers in a research report on Wednesday, September 11th. Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a report on Thursday, September 26th.

Mitchells & Butlers Company Profile

Mitchells & Butlers plc engages in the management of pubs, bars, and restaurants in the United Kingdom and Germany. The company operates its pubs and restaurants under the Alex, All Bar One, Browns, Castle, EGO, Ember Inns, Harvester, High Street, Innkeeper’s Lodge, Miller & Carter, Nicholson’s, O’Neill’s, Premium Country Pubs, Sizzling Pubs, Suburban, Stonehouse Pizza & Carvery, Toby Carvery, and Vintage Inns brands and formats.