Marston’s (LON:MARS) Given “Buy” Rating at Shore Capital

Marston’s (LON:MARS)‘s stock had its “buy” rating reaffirmed by equities research analysts at Shore Capital in a report released on Wednesday, LSE.Co.UK reports.

Separately, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Marston’s in a research note on Wednesday, September 11th.

Marston’s Stock Performance

LON:MARS traded up GBX 0.10 ($0.00) during mid-day trading on Wednesday, reaching GBX 42.30 ($0.55). 1,163,801 shares of the company’s stock were exchanged, compared to its average volume of 1,887,279. The business’s fifty day simple moving average is GBX 40.47 and its two-hundred day simple moving average is GBX 35.37. The firm has a market capitalization of £268.26 million, a PE ratio of -1,410.00, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68. The company has a debt-to-equity ratio of 269.71, a quick ratio of 0.23 and a current ratio of 0.15. Marston’s has a one year low of GBX 25.55 ($0.33) and a one year high of GBX 46.65 ($0.61).

Insider Activity

In related news, insider Ken Lever purchased 280,000 shares of the stock in a transaction that occurred on Thursday, July 25th. The shares were bought at an average price of GBX 38 ($0.50) per share, with a total value of £106,400 ($138,939.67). 1.83% of the stock is currently owned by corporate 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.