Mitchells & Butlers (OTCMKTS:MBPFF) Hits New 12-Month High – Here’s Why

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

Mitchells & Butlers Stock Performance

The firm’s 50-day simple moving average is $3.76 and its 200-day simple moving average is $3.55.

About Mitchells & Butlers

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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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