Insider Buying: Mitchells & Butlers plc (LON:MAB) Insider Purchases £139 in Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban bought 50 shares of the company’s stock in a transaction on Friday, October 11th. The stock was bought at an average price of GBX 278 ($3.63) per share, for a total transaction of £139 ($181.51).

Mitchells & Butlers Stock Performance

LON MAB opened at GBX 271.50 ($3.55) on Thursday. The company’s 50 day moving average is GBX 294.64 and its 200-day moving average is GBX 282.86. Mitchells & Butlers plc has a 12-month low of GBX 195 ($2.55) and a 12-month high of GBX 320 ($4.18). The company has a quick ratio of 0.46, a current ratio of 0.47 and a debt-to-equity ratio of 78.60. The firm has a market cap of £1.61 billion, a P/E ratio of 3,878.57, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a research note on Thursday, September 26th. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Mitchells & Butlers in a research note 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.