Mitchells & Butlers plc (LON:MAB) Insider Timothy (Tim) Charles Jones Purchases 62 Shares

Mitchells & Butlers plc (LON:MAB) insider Timothy (Tim) Charles Jones acquired 62 shares of the business’s stock in a transaction on Friday, February 28th. The shares were purchased at an average price of GBX 222 ($2.80) per share, with a total value of £137.64 ($173.50).

Timothy (Tim) Charles Jones also recently made the following trade(s):

• On Friday, January 31st, Timothy (Tim) Charles Jones purchased 60 shares of Mitchells & Butlers stock. The shares were purchased at an average price of GBX 232 ($2.92) per share, for a total transaction of £139.20 ($175.47).
• On Wednesday, January 15th, Timothy (Tim) Charles Jones sold 13,429 shares of Mitchells & Butlers stock. The shares were sold at an average price of GBX 241 ($3.04), for a total transaction of £32,363.89 ($40,796.53).

Mitchells & Butlers Trading Up 1.6 %

LON MAB traded up GBX 3.50 ($0.04) during mid-day trading on Monday, reaching GBX 224.50 ($2.83). 190,154 shares of the stock were exchanged, compared to its average volume of 409,761. The business’s fifty day simple moving average is GBX 234.17 and its 200 day simple moving average is GBX 258.38. The company has a debt-to-equity ratio of 63.56, a quick ratio of 0.46 and a current ratio of 0.46. The stock has a market capitalization of £1.33 billion, a PE ratio of 29.73, a PEG ratio of 2.76 and a beta of 1.71. Mitchells & Butlers plc has a 1-year low of GBX 219 ($2.76) and a 1-year high of GBX 320 ($4.03).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reiterated a “buy” rating on shares of Mitchells & Butlers in a research report on Thursday, December 19th.

Mitchells & Butlers Company Profile

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.