Mitchells & Butlers (LON:MAB) Hits New 12-Month Low – Time to Sell?

Shares of Mitchells & Butlers plc (LON:MAB) reached a new 52-week low during trading on Monday . The company traded as low as GBX 198.28 ($2.56) and last traded at GBX 201.15 ($2.59), with a volume of 203732 shares traded. The stock had previously closed at GBX 210 ($2.71).

Analysts Set New Price Targets

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

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 stock has a market capitalization of £1.19 billion, a price-to-earnings ratio of 26.61, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. The stock has a 50 day moving average price of GBX 223.74 and a 200-day moving average price of GBX 244.53.

Insider Buying and Selling at Mitchells & Butlers

In related news, insider Timothy (Tim) Charles Jones sold 13,429 shares of the company’s stock in a transaction dated Wednesday, January 15th. The shares were sold at an average price of GBX 241 ($3.11), for a total transaction of £32,363.89 ($41,716.80). In the last 90 days, insiders have bought 186 shares of company stock worth $41,508. Corporate insiders own 57.51% of the company’s stock.

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.