Marston’s (LON:MARS) Stock Crosses Above 200-Day Moving Average – Time to Sell?

Marston’s PLC (LON:MARS) shares crossed above its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 36.41 ($0.47) and traded as high as GBX 40.90 ($0.53). Marston’s shares last traded at GBX 38.45 ($0.50), with a volume of 2,116,412 shares trading hands.

Analysts Set New Price Targets

Several brokerages recently issued reports on MARS. Shore Capital reissued a “buy” rating on shares of Marston’s in a research note on Wednesday, October 16th. JPMorgan Chase & Co. reissued an “overweight” rating on shares of Marston’s in a research report on Wednesday, September 11th.

Marston’s Price Performance

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 stock’s 50 day simple moving average is GBX 40.41 and its 200-day simple moving average is GBX 36.50. The firm has a market cap of £243.53 million, a price-to-earnings ratio of -1,280.00, a price-to-earnings-growth ratio of -0.16 and a beta of 1.68.

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.