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

Shares of Mitchells & Butlers plc (LON:MAB) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 220 ($2.75) and last traded at GBX 222.49 ($2.78), with a volume of 28623 shares changing hands. The stock had previously closed at GBX 222.50 ($2.78).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of Mitchells & Butlers in a research report on Thursday, December 19th.

Mitchells & Butlers Stock Performance

The business’s fifty day moving average price is GBX 240.03 and its 200-day moving average price is GBX 267.82. 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 stock has a market capitalization of £1.33 billion, a PE ratio of 3,207.09, a P/E/G ratio of 2.76 and a beta of 1.71.

Mitchells & Butlers (LON:MAB) last posted its earnings results on Wednesday, November 27th. The company reported GBX 26.40 ($0.33) earnings per share (EPS) for the quarter. Mitchells & Butlers had a net margin of 1.72% and a return on equity of 2.05%. As a group, equities research analysts expect that Mitchells & Butlers plc will post 26.6341463 EPS for the current year.

Insider Buying and Selling

In other Mitchells & Butlers news, insider Phil Urban sold 28,609 shares of the business’s stock in a transaction that occurred on Friday, December 6th. The shares were sold at an average price of GBX 250 ($3.12), for a total value of £71,522.50 ($89,269.22). Also, insider Timothy (Tim) Charles Jones sold 13,429 shares of the stock in a transaction on Wednesday, January 15th. The stock was sold at an average price of GBX 241 ($3.01), for a total transaction of £32,363.89 ($40,394.27). Over the last ninety days, insiders acquired 1,534 shares of company stock worth $375,897 and sold 148,948 shares worth $36,688,499. 57.51% of the stock is owned by company insiders.

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.