Insider Buying: Mitchells & Butlers plc (LON:MAB) Insider Buys 57 Shares of Stock

Mitchells & Butlers plc (LON:MAB) insider Phil Urban purchased 57 shares of the firm’s stock in a transaction dated Friday, January 3rd. The shares were bought at an average price of GBX 242 ($3.02) per share, with a total value of £137.94 ($172.08).

Phil Urban also recently made the following trade(s):

• On Friday, December 6th, Phil Urban sold 28,609 shares of Mitchells & Butlers stock. The stock was sold at an average price of GBX 250 ($3.12), for a total value of £71,522.50 ($89,224.68).
• On Monday, December 2nd, Phil Urban sold 106,910 shares of Mitchells & Butlers stock. The shares were sold at an average price of GBX 246 ($3.07), for a total value of £262,998.60 ($328,092.07).
• On Friday, November 8th, Phil Urban acquired 57 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 239 ($2.98) per share, with a total value of £136.23 ($169.95).
• On Friday, October 11th, Phil Urban bought 50 shares of Mitchells & Butlers stock. The stock was purchased at an average price of GBX 278 ($3.47) per share, for a total transaction of £139 ($173.40).

Mitchells & Butlers Price Performance

Shares of Mitchells & Butlers stock opened at GBX 240 ($2.99) on Wednesday. The company has a debt-to-equity ratio of 78.60, a current ratio of 0.47 and a quick ratio of 0.46. The company has a market cap of £1.43 billion, a PE ratio of 3,428.57, a price-to-earnings-growth ratio of 2.76 and a beta of 1.71. The firm has a fifty day moving average price of GBX 243.52 and a two-hundred day moving average price of GBX 276.23. Mitchells & Butlers plc has a fifty-two week low of GBX 220 ($2.74) and a fifty-two week high of GBX 320 ($3.99).

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Shore Capital restated a “buy” rating on shares of Mitchells & Butlers in a report on Thursday, December 19th. JPMorgan Chase & Co. restated a “neutral” rating on shares of Mitchells & Butlers in a research note on Wednesday, September 11th.

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.