Insider Selling: Mitchells & Butlers plc (LON:MAB) Insider Sells 106,910 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban sold 106,910 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of GBX 246 ($3.12), for a total value of £262,998.60 ($333,247.09).

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

• On Friday, November 8th, Phil Urban acquired 57 shares of Mitchells & Butlers stock. The stock was acquired at an average price of GBX 239 ($3.03) per share, for a total transaction of £136.23 ($172.62).
• On Friday, October 11th, Phil Urban bought 50 shares of Mitchells & Butlers stock. The shares were acquired at an average price of GBX 278 ($3.52) per share, with a total value of £139 ($176.13).

Mitchells & Butlers Stock Performance

LON:MAB opened at GBX 253.50 ($3.21) on Wednesday. Mitchells & Butlers plc has a 1-year low of GBX 217.20 ($2.75) and a 1-year high of GBX 320 ($4.05). The firm has a 50 day simple moving average of GBX 262.62 and a 200-day simple moving average of GBX 285.47. The firm has a market cap of £1.51 billion, a PE ratio of 3,621.43, a P/E/G ratio of 2.76 and a beta of 1.71. The company has a debt-to-equity ratio of 78.60, a current ratio of 0.47 and a quick ratio of 0.46.

Analyst Ratings Changes

Several research analysts recently issued reports on MAB shares. Shore Capital restated a “buy” rating on shares of Mitchells & Butlers in a research report on Thursday, September 26th. JPMorgan Chase & Co. reissued a “neutral” rating on shares of Mitchells & Butlers in a report on Wednesday, September 11th.

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.