Insider Buying: Mitchells & Butlers plc (LON:MAB) Insider Buys 49 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones acquired 49 shares of the business’s stock in a transaction that occurred on Thursday, June 19th. The stock was acquired at an average cost of GBX 279 ($3.81) per share, with a total value of £136.71 ($186.79).

Mitchells & Butlers Price Performance

Shares of LON:MAB opened at GBX 284 ($3.88) on Thursday. The firm has a fifty day moving average price of GBX 270.33 and a two-hundred day moving average price of GBX 244.15. The company has a debt-to-equity ratio of 63.56, a current ratio of 0.46 and a quick ratio of 0.46. Mitchells & Butlers plc has a one year low of GBX 194.40 ($2.66) and a one year high of GBX 320 ($4.37). The company has a market cap of £1.68 billion, a price-to-earnings ratio of 37.61, a PEG ratio of 2.76 and a beta of 1.71.

Mitchells & Butlers (LON:MAB) last announced its quarterly earnings results on Thursday, May 22nd. The company reported GBX 16.80 ($0.23) EPS for the quarter. Mitchells & Butlers had a net margin of 1.72% and a return on equity of 1.89%. Analysts anticipate that Mitchells & Butlers plc will post 26.6341463 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Separately, Shore Capital reaffirmed a “buy” rating on shares of Mitchells & Butlers in a report on Thursday, May 22nd.

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.