Monks (LON:MNKS) Reaches New 52-Week High - Still a Buy?

Key Points

• Monks (LON:MNKS) achieved a new 52-week high of GBX 1,374 ($18.35) during trading, with a volume of 783,202 shares.
• The company reported a PE ratio of 4.44 and a remarkable net margin of 96.67% following its quarterly earnings results.
• Monks aims for long-term capital growth through a differentiated, actively managed global equity portfolio primarily consisting of growth stocks.

Monks (LON:MNKS - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The stock traded as high as GBX 1,374 ($18.47) and last traded at GBX 1,374 ($18.47), with a volume of 783202 shares changing hands. The stock had previously closed at GBX 1,362 ($18.31).

Monks Stock Performance

The business's 50-day moving average price is GBX 1,298.28 and its 200-day moving average price is GBX 1,243.45. 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 stock has a market cap of £2.65 billion, a PE ratio of 4.47 and a beta of 0.71.

Monks (LON:MNKS - Get Free Report) last released its quarterly earnings data on Wednesday, July 2nd. The company reported GBX 1.75 ($0.02) earnings per share for the quarter. Monks had a net margin of 96.67% and a return on equity of 24.08%.

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.