Manchester & London (LON:MNL - Get Free Report) insider Daniel Wright bought 1,450 shares of the firm's stock in a transaction that occurred on Wednesday, April 16th. The stock was bought at an average price of GBX 550 ($7.36) per share, for a total transaction of £7,975 ($10,671.75).
Manchester & London Stock Performance
Shares of LON:MNL traded down GBX 8 ($0.11) during mid-day trading on Monday, hitting GBX 534 ($7.15). The stock had a trading volume of 35,269 shares, compared to its average volume of 60,969. Manchester & London has a 12-month low of GBX 435.01 ($5.82) and a 12-month high of GBX 850 ($11.37). The company has a market cap of £212.66 million, a PE ratio of 1.78 and a beta of 0.42. The company's 50 day moving average is GBX 642.85 and its 200-day moving average is GBX 698.37.
Manchester & London (LON:MNL - Get Free Report) last posted its quarterly earnings results on Wednesday, March 19th. The investment trust reported GBX (0.83) (($0.01)) earnings per share for the quarter. Manchester & London had a net margin of 95.89% and a return on equity of 39.92%.
Manchester & London Increases Dividend
The business also recently announced a dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 14 ($0.19) per share. The ex-dividend date of this dividend is Thursday, April 10th. This represents a dividend yield of 2.06%. This is a positive change from Manchester & London's previous dividend of $7.00. Manchester & London's dividend payout ratio (DPR) is 4.66%.
Manchester & London Company Profile
(
Get Free Report)
Manchester & London Investment Trust is managed by M & L Capital Management Limited, an Alternative Investment Fund Management Firm specialising in Intellectual Property rich, fast growth, Global Equities.
Our central investment thesis is that we believe in the increasing economic power of the Machine in the two century long battle for supremacy between Man & Machine.
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