Shares of Manchester & London (LON:MNL - Get Free Report) crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 810.63 and traded as high as GBX 952. Manchester & London shares last traded at GBX 904, with a volume of 61,508 shares changing hands.
Manchester & London Stock Up 1.0%
The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.81 and a current ratio of 22.60. The company has a market cap of £347.07 million, a P/E ratio of 4.90 and a beta of 0.85. The stock has a 50 day moving average price of GBX 810.63 and a 200 day moving average price of GBX 805.55.
Manchester & London (LON:MNL - Get Free Report) last released its earnings results on Wednesday, March 18th. The investment trust reported GBX (1.52) earnings per share (EPS) for the quarter. Manchester & London had a return on equity of 18.18% and a net margin of 91.75%.
Manchester & London Company Profile
(
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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. We are particularly interested in software as, once built, software's marginal cost on each incremental sale is extremely low which makes its marginal profit extraordinarily high.
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