Manchester & London (LON:MNL – Get Free Report) shares passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 743.35 ($9.36) and traded as high as GBX 758 ($9.54). Manchester & London shares last traded at GBX 753.65 ($9.49), with a volume of 16,677 shares changing hands.
Manchester & London Price Performance
The firm has a fifty day simple moving average of GBX 743.35 and a 200 day simple moving average of GBX 707.95. The company has a market capitalization of £300.13 million, a price-to-earnings ratio of 2.51 and a beta of 0.42.
Insider Buying and Selling at Manchester & London
In other news, insider Daren John Morris purchased 4,925 shares of the stock in a transaction dated Wednesday, January 29th. The shares were purchased at an average cost of GBX 751 ($9.45) per share, with a total value of £36,986.75 ($46,553.49). 2.09% of the stock is owned by corporate insiders.
Manchester & London Company Profile
Manchester & London Investment Trust is managed by M & L Capital Management Limited, an Alternative Investment Fund Management Firm specialising in Intellectual Property rich, fast growth, Global Equities.
Our central investment thesis is that we believe in the increasing economic power of the Machine in the two century long battle for supremacy between Man & Machine.
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