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Manchester & London (LON:MNL) Shares Pass Above 50 Day Moving Average - Should You Sell?

Manchester & London logo with Financial Services background

Manchester & London (LON:MNL - Get Free Report) passed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 772 ($10.37) and traded as high as GBX 880 ($11.82). Manchester & London shares last traded at GBX 870 ($11.69), with a volume of 83,503 shares traded.

Manchester & London Stock Up 1.4%

The business has a 50 day moving average of GBX 777.68 and a 200 day moving average of GBX 705.65. The company has a market capitalization of £351.24 million, a P/E ratio of 2.93 and a beta of 0.42.

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.

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