Free Trial

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

Monks logo with Financial Services background
Image from MarketBeat Media, LLC.

Key Points

  • Monks shares hit a new 52-week high, trading as high as GBX 1,566.01 (last GBX 1,564) on volume of 324,101 shares, roughly a 1.5% intraday gain.
  • The stock has a market cap of £2.50 billion and a low P/E of 5.62, and it is trading above both its 50-day (GBX 1,472.85) and 200-day (GBX 1,485.07) moving averages.
  • Balance-sheet metrics show thin liquidity and high leverage — current ratio 0.68, quick ratio 0.22 and a debt-to-equity ratio of 6.47 — signaling elevated financial risk despite the price rise.
  • MarketBeat previews the top five stocks to own by June 1st.

Monks (LON:MNKS - Get Free Report) shares hit a new 52-week high on Wednesday . The company traded as high as GBX 1,566.01 and last traded at GBX 1,564, with a volume of 324101 shares trading hands. The stock had previously closed at GBX 1,554.

Monks Stock Up 1.5%

The stock's fifty day moving average price is GBX 1,472.85 and its 200 day moving average price is GBX 1,485.07. The stock has a market cap of £2.50 billion, a P/E ratio of 5.62 and a beta of 0.91. The company has a current ratio of 0.68, a quick ratio of 0.22 and a debt-to-equity ratio of 6.47.

About Monks

(Get Free Report)

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. Investments are made on an unconstrained basis. The portfolio, which includes stocks with a range of different growth profiles, will typically contain 100+ stocks from around the world and Monks should not be viewed as a proxy for any index.

Recommended Stories

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Monks Right Now?

Before you consider Monks, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Monks wasn't on the list.

While Monks currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Beginner's Guide To Retirement Stocks Cover

Click the link to see MarketBeat's list of seven best retirement stocks and why they should be in your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines