Monks (LON:MNKS) Reaches New 52-Week High - Time to Buy?

Key Points

• Monks (LON:MNKS) reached a new 52-week high during trading on Wednesday, peaking at GBX 1,436 ($19.60) before settling at GBX 1,427.60 ($19.49).
• The company reported an earnings per share (EPS) of GBX 1.75 for the last quarter, with a net margin of 96.67% and a return on equity of 24.08%.
• Monks focuses on long-term capital growth through an actively managed global equity portfolio, primarily investing in firms with above-average earnings growth.

Monks (LON:MNKS - Get Free Report) shares reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 1,436 ($19.35) and last traded at GBX 1,427.60 ($19.23), with a volume of 590713 shares traded. The stock had previously closed at GBX 1,430 ($19.27).

Monks Stock Up 0.0%

The company has a current ratio of 0.67, a quick ratio of 0.22 and a debt-to-equity ratio of 8.47. The business has a 50-day moving average price of GBX 1,381.24 and a 200-day moving average price of GBX 1,263.35. The firm has a market cap of £2.58 billion, a P/E ratio of -17,554.50 and a beta of 0.71.

Monks (LON:MNKS - Get Free Report) last posted its quarterly earnings results 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.