Marston's PLC (OTCMKTS:MARZF – Get Rating) was the target of a large drop in short interest during the month of August. As of August 15th, there was short interest totalling 7,700 shares, a drop of 46.9% from the July 31st total of 14,500 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is presently 77.0 days.
Marston's Stock Performance
OTCMKTS MARZF opened at $0.48 on Friday. The company's fifty day moving average is $0.72 and its two-hundred day moving average is $0.87. Marston's has a 52-week low of $0.48 and a 52-week high of $1.17.
Get Marston's alerts:Analyst Ratings Changes
MARZF has been the topic of a number of research analyst reports. HSBC lowered shares of Marston's from a "hold" rating to a "reduce" rating in a research note on Friday, July 8th. Deutsche Bank Aktiengesellschaft upgraded shares of Marston's from a "sell" rating to a "hold" rating in a research note on Wednesday, May 25th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of "Hold".
About Marston's
(Get Rating)Marston's PLC operates managed, franchised, tenanted, and leased pubs, bars, restaurants, and accommodations in the United Kingdom and internationally. The company operates through approximately 1,500 bars and pubs; and approximately 1,836 rooms. It is also involved in the property management; telecommunications; and insurance businesses.
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