Marston’s (LON:MARS) Earns Buy Rating from Shore Capital

Shore Capital reissued their buy rating on shares of Marston’s (LON:MARS) in a research note issued to investors on Wednesday, Marketbeat.com reports.

Marston’s Stock Performance

Shares of LON MARS opened at GBX 39.10 ($0.51) on Wednesday. The company has a current ratio of 0.15, a quick ratio of 0.23 and a debt-to-equity ratio of 269.71. The company has a market capitalization of £247.70 million, a P/E ratio of -1,303.33, a P/E/G ratio of -0.16 and a beta of 1.49. Marston’s has a 12 month low of GBX 25.55 ($0.33) and a 12 month high of GBX 39.80 ($0.51). The stock has a 50 day moving average of GBX 34.46 and a 200-day moving average of GBX 31.57.

Insiders Place Their Bets

In other news, insider Ken Lever bought 280,000 shares of the company’s stock in a transaction dated Thursday, July 25th. The stock was bought at an average price of GBX 38 ($0.49) per share, with a total value of £106,400 ($137,609.93). Company insiders own 1.80% of the company’s stock.

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.