Shore Capital reiterated their buy rating on shares of Marston’s (LON:MARS – Free Report) in a research note issued to investors on Wednesday, MarketBeat reports.
Marston’s Price Performance
Shares of LON MARS opened at GBX 39.10 ($0.51) on Wednesday. The business has a 50-day moving average of GBX 34.46 and a two-hundred day moving average of GBX 31.57. The company has a market capitalization of £247.70 million, a price-to-earnings ratio of -1,303.33, a price-to-earnings-growth ratio of -0.16 and a beta of 1.49. Marston’s has a 1 year low of GBX 25.55 ($0.33) and a 1 year high of GBX 39.80 ($0.51). The company has a debt-to-equity ratio of 269.71, a current ratio of 0.15 and a quick ratio of 0.23.
Insider Buying and Selling
In related news, insider Ken Lever acquired 280,000 shares of Marston’s stock in a transaction on Thursday, July 25th. The stock was purchased at an average cost of GBX 38 ($0.49) per share, with a total value of £106,400 ($137,609.93). 1.80% of the stock is owned by company insiders.
About Marston’s
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.
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