Monks (LON:MNKS) Hits New 12-Month High - Here's Why

Key Points

• Monks (LON:MNKS) shares reached a new 12-month high of GBX 1,474.45 ($19.80) during trading, reflecting strong investor interest.
• The company has a market cap of £2.59 billion, a P/E ratio of -17,624.45, and exhibits notable financial performance with a net margin of 96.67% and a return on equity of 24.08%.
• Monks focuses on long-term capital growth through a diversified portfolio of global equity growth stocks, typically holding investments for around five years.

Monks (LON:MNKS - Get Free Report)'s share price reached a new 52-week high during trading on Tuesday . The stock traded as high as GBX 1,474.45 ($19.80) and last traded at GBX 1,468.02 ($19.72), with a volume of 508855 shares changing hands. The stock had previously closed at GBX 1,466 ($19.69).

Monks Price Performance

The company has a market cap of £2.59 billion, a P/E ratio of -17,624.45 and a beta of 0.71. The stock has a 50-day simple moving average of GBX 1,398.68 and a 200 day simple moving average of GBX 1,274.96. The company has a debt-to-equity ratio of 8.47, a quick ratio of 0.22 and a current ratio of 0.67.

Monks (LON:MNKS - Get Free Report) last released its quarterly earnings data on Wednesday, July 2nd. The company reported GBX 1.75 earnings per share (EPS) for the quarter. Monks had a return on equity of 24.08% and a net margin of 96.67%.

Monks Company Profile

The Trust aims for long-term capital growth which takes priority over income. This is pursued through applying a patient approach to investment, principally from a differentiated, actively managed global equity portfolio containing a diversified range of growth stocks – companies with above average earnings growth – which we expect to hold for around five years on average.

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