Marston’s (LON:MARS) Stock Price Crosses Above Two Hundred Day Moving Average of $34.03

Marston’s PLC (LON:MARS)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 34.03 ($0.46) and traded as high as GBX 42.70 ($0.57). Marston’s shares last traded at GBX 42.30 ($0.57), with a volume of 2,715,663 shares changing hands.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Shore Capital reaffirmed a “buy” rating on shares of Marston’s in a research report on Wednesday, July 24th. JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Marston’s in a research report on Wednesday, September 11th.

Marston’s Stock Performance

The stock has a 50-day simple moving average of GBX 39.47 and a 200-day simple moving average of GBX 34.03. The company has a debt-to-equity ratio of 269.71, a current ratio of 0.15 and a quick ratio of 0.23. The stock has a market cap of £268.26 million, a PE ratio of -1,410.00, a P/E/G ratio of -0.16 and a beta of 1.68.

Insider Buying and Selling at Marston’s

In other news, insider Ken Lever purchased 280,000 shares of the stock in a transaction on Thursday, July 25th. The stock was purchased at an average price of GBX 38 ($0.51) per share, with a total value of £106,400 ($142,474.56). 1.83% of the stock is owned by company insiders.

Marston’s Company Profile

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.