Marston’s (LON:MARS) Shares Up 19.2%

Marston’s PLC (LON:MARSGet Free Report) shot up 19.2% during mid-day trading on Monday . The company traded as high as GBX 37.10 ($0.48) and last traded at GBX 36.58 ($0.47). 17,365,336 shares changed hands during mid-day trading, an increase of 763% from the average session volume of 2,012,318 shares. The stock had previously closed at GBX 30.70 ($0.39).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Marston’s in a report on Monday.

Read Our Latest Report on MARS

Marston’s Stock Performance

The stock’s fifty day moving average price is GBX 32.98 and its two-hundred day moving average price is GBX 31.26. The company has a debt-to-equity ratio of 269.71, a quick ratio of 0.23 and a current ratio of 0.15. The company has a market cap of £223.31 million, a P/E ratio of -1,180.00, a P/E/G ratio of -0.16 and a beta of 1.49.

Marston’s Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Marston's Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Marston's and related companies with MarketBeat.com's FREE daily email newsletter.