Mitchells & Butlers (OTCMKTS:MBPFF) Sets New 52-Week High – Still a Buy?

Mitchells & Butlers Plc (OTCMKTS:MBPFF – Get Free Report)’s share price reached a new 52-week high during trading on Tuesday. The stock traded as high as $4.15 and last traded at $4.15, with a volume of 200 shares. The stock had previously closed at $3.77.

Mitchells & Butlers Stock Up 10.1%

The business has a 50 day simple moving average of $3.76 and a two-hundred day simple moving average of $3.55.

Mitchells & Butlers Company Profile

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Mitchells & Butlers plc is a United Kingdom-based hospitality company that operates pubs, bars and restaurants. Its venues offer food, alcoholic and nonalcoholic beverages, and other hospitality services across a range of formats and customer segments.

The company manages a portfolio of well-known brands, including Harvester, Toby Carvery, All Bar One, Browns, Miller & Carter, O’Neill’s, Nicholson’s, Vintage Inns, Ember Inns, Stonehouse Pizza & Carvery and Sizzling Pubs. These brands provide experiences ranging from casual dining and traditional pubs to specialty bars, premium steakhouses and carvery restaurants.

Mitchells & Butlers traces its heritage to the brewing and pub businesses of Mitchells and Butler, with roots dating to the late 19th century.

Further Reading

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