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Manchester & London (LON:MNL) Stock Price Crosses Above 50-Day Moving Average - Here's What Happened

Manchester & London logo with Financial Services background

Manchester & London (LON:MNL - Get Free Report) shares crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 772 ($10.49) and traded as high as GBX 880 ($11.96). Manchester & London shares last traded at GBX 870 ($11.82), with a volume of 83,503 shares.

Manchester & London Stock Performance

The business's 50 day moving average is GBX 772 and its 200-day moving average is GBX 705.06. The firm has a market capitalization of £344.07 million, a price-to-earnings ratio of 2.87 and a beta of 0.42.

About Manchester & London

(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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