Mitchells & Butlers (LON:MAB) Reaches New 52-Week High – Still a Buy?

Mitchells & Butlers plc (LON:MAB – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Tuesday. The company traded as high as GBX 315.50 and last traded at GBX 309, with a volume of 721,403 shares trading hands. The stock had previously closed at GBX 309.

Mitchells & Butlers Stock Performance

The company has a market cap of £1.85 billion, a PE ratio of 10.19, a price-to-earnings-growth ratio of 2.76 and a beta of 1.29. The firm’s fifty day moving average is GBX 282.06 and its 200 day moving average is GBX 265.06. The company has a current ratio of 0.48, a quick ratio of 0.46 and a debt-to-equity ratio of 47.97.

Mitchells & Butlers Company Profile

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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.

Further Reading

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