Marston’s (LON:MARS) Stock Price Passes Above Two Hundred Day Moving Average – What’s Next?

Marston’s PLC (LON:MARS) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 40.76 ($0.51) and traded as high as GBX 43.15 ($0.55). Marston’s shares last traded at GBX 42.15 ($0.53), with a volume of 571,875 shares traded.

Analyst Upgrades and Downgrades

Separately, Shore Capital reissued a “buy” rating on shares of Marston’s in a report on Tuesday, January 21st.

Marston’s Stock Down 0.6 %

The company has a debt-to-equity ratio of 198.96, a quick ratio of 0.23 and a current ratio of 0.36. The firm’s 50-day moving average is GBX 41.99 and its two-hundred day moving average is GBX 40.76. The stock has a market cap of £265.35 million, a P/E ratio of -15.46, a PEG ratio of -0.16 and a beta of 1.68.

Marston’s (LON:MARS) last issued its earnings results on Tuesday, December 3rd. The company reported GBX 5.20 ($0.07) EPS for the quarter. Marston’s had a negative net margin of 1.91% and a negative return on equity of 2.72%. On average, equities research analysts anticipate that Marston’s PLC will post 8.364486 earnings per share for the current year.

Insider Buying and Selling at Marston’s

In other news, insider Hayleigh Lupino purchased 45,736 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was bought at an average price of GBX 43 ($0.54) per share, with a total value of £19,666.48 ($24,847.10). Corporate insiders own 1.83% of the company’s stock.

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.