Mitchells & Butlers plc (LON:MAB) Insider Purchases £137.94 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 57 shares of the firm’s stock in a transaction that occurred on Friday, January 3rd. The stock was bought at an average price of GBX 242 ($3.01) per share, for a total transaction of £137.94 ($171.42).

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

• On Friday, December 6th, Phil Urban sold 28,609 shares of Mitchells & Butlers stock. The shares were sold at an average price of GBX 250 ($3.11), for a total transaction of £71,522.50 ($88,880.95).
• On Monday, December 2nd, Phil Urban sold 106,910 shares of Mitchells & Butlers stock. The stock was sold at an average price of GBX 246 ($3.06), for a total transaction of £262,998.60 ($326,828.13).
• On Friday, November 8th, Phil Urban acquired 57 shares of Mitchells & Butlers stock. The stock was acquired at an average cost of GBX 239 ($2.97) per share, with a total value of £136.23 ($169.29).
• On Friday, October 11th, Phil Urban bought 50 shares of Mitchells & Butlers stock. The shares were bought at an average cost of GBX 278 ($3.45) per share, for a total transaction of £139 ($172.74).

Mitchells & Butlers Stock Performance

Shares of Mitchells & Butlers stock remained flat at GBX 242.50 ($3.01) during trading on Monday. The company had a trading volume of 153,045 shares, compared to its average volume of 130,227. Mitchells & Butlers plc has a fifty-two week low of GBX 220 ($2.73) and a fifty-two week high of GBX 320 ($3.98). The stock has a 50 day moving average of GBX 244.50 and a 200-day moving average of GBX 277.05. The company has a debt-to-equity ratio of 78.60, a current ratio of 0.47 and a quick ratio of 0.46. The firm has a market capitalization of £1.44 billion, a PE ratio of 3,464.29, a P/E/G ratio of 2.76 and a beta of 1.71.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. Shore Capital restated a “buy” rating on shares of Mitchells & Butlers in a research report on Thursday, December 19th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Mitchells & Butlers in a research report on Wednesday, September 11th.

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.