Manolete Partners (LON:MANO) Stock Price Up 1% – Should You Buy?

Shares of Manolete Partners Plc (LON:MANO) traded up 1% on Monday . The stock traded as high as GBX 105 ($1.31) and last traded at GBX 103 ($1.29). Approximately 138,809 shares traded hands during mid-day trading, an increase of 217% from the average session volume of 43,758 shares. The stock had previously closed at GBX 102 ($1.28).

Manolete Partners Trading Up 4.0 %

The company’s 50 day simple moving average is GBX 87.42 and its two-hundred day simple moving average is GBX 107.38. The company has a market capitalization of £45.95 million, a price-to-earnings ratio of 5,250.00 and a beta of 0.77. The company has a quick ratio of 6.25, a current ratio of 4.92 and a debt-to-equity ratio of 33.92.

Manolete Partners (LON:MANO) last announced its quarterly earnings data on Tuesday, November 19th. The company reported GBX (0.49) (($0.01)) EPS for the quarter. Manolete Partners had a net margin of 3.55% and a return on equity of 2.34%. As a group, research analysts anticipate that Manolete Partners Plc will post 4.2845258 earnings per share for the current fiscal year.

Manolete Partners Company Profile

Manolete Partners Plc is the UK’s leading insolvency litigation financing company which was founded in 2009 by its Chief Executive, Steven Cooklin, a UK Chartered Accountant.

Manolete finances the pursuit of claims through litigation and alternative dispute resolution to produce optimal returns for the creditors of insolvent companies.