Marston’s (LON:MARS) Stock Crosses Above 200 Day Moving Average – Here’s Why

Shares of Marston’s PLC (LON:MARSGet Free Report) crossed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 36.41 ($0.47) and traded as high as GBX 40.90 ($0.53). Marston’s shares last traded at GBX 38.45 ($0.50), with a volume of 2,116,412 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the stock. Shore Capital reaffirmed a “buy” rating on shares of Marston’s in a research note on Wednesday, October 16th. JPMorgan Chase & Co. restated an “overweight” rating on shares of Marston’s in a research report on Wednesday, September 11th.

View Our Latest Report on Marston’s

Marston’s Stock Performance

The company has a market cap of £243.53 million, a price-to-earnings ratio of -1,280.00, a PEG ratio of -0.16 and a beta of 1.68. The firm’s 50 day simple moving average is GBX 40.41 and its 200-day simple moving average is GBX 36.50. The company has a debt-to-equity ratio of 269.71, a quick ratio of 0.23 and a current ratio of 0.15.

Marston’s Company Profile

(Get Free Report)

Marston’s PLC operates managed, franchised, tenanted, partnership, and leased pubs in the United Kingdom. It is also involved in the property management; telecommunications; and insurance businesses. The company was formerly known as The Wolverhampton & Dudley Breweries PLC and changed its name to Marston’s PLC in January 2007.

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