Manchester & London (LON:MNL) Releases Quarterly Earnings Results

Key Points

• Manchester & London reported an EPS of GBX 1.54 for the quarter, with a net margin of 95.89% and return on equity of 39.92%.
• The company's shares opened at GBX 858.14, reflecting a 0.4% decline in trading.
• Manchester & London has a market capitalization of £327.52 million and operates as an investment trust focusing on intellectual property rich global equities.

Manchester & London (LON:MNL - ) released its quarterly earnings results on Monday. The investment trust reported GBX (1.54) EPS for the quarter, Digital Look Earnings reports. Manchester & London had a net margin of 95.89% and a return on equity of 39.92%.

Manchester & London Trading Down 0.4%

Shares of MNL stock opened at GBX 858.14 on Monday. The company has a market capitalization of £327.52 million, a price-to-earnings ratio of 389.87 and a beta of 0.42. The firm has a 50-day moving average price of GBX 887.03 and a 200 day moving average price of GBX 755.93. Manchester & London has a twelve month low of GBX 435.01 and a twelve month high of GBX 954.38.

Manchester & London Company Profile

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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