Manchester & London (LON:MNL - Get Free Report) passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 662.56 ($8.67) and traded as high as GBX 684 ($8.95). Manchester & London shares last traded at GBX 674 ($8.82), with a volume of 61,357 shares traded.
Manchester & London Trading Up 1.5 %
The business's fifty day simple moving average is GBX 663.40 and its two-hundred day simple moving average is GBX 686.37. The stock has a market capitalization of £274.63 million, a P/E ratio of 264.09 and a beta of 0.42.
Manchester & London Dividend Announcement
The business also recently declared a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be paid a GBX 7 ($0.09) dividend. This represents a yield of 1.07%. The ex-dividend date is Thursday, October 3rd. Manchester & London's dividend payout ratio is 540.54%.
Insider Transactions at Manchester & London
In related news, insider Daren John Morris acquired 4,000 shares of the company's stock in a transaction that occurred on Thursday, July 25th. The stock was purchased at an average price of GBX 696 ($9.11) per share, for a total transaction of £27,840 ($36,435.02). In related news, insider Daren John Morris bought 4,000 shares of the firm's stock in a transaction dated Thursday, July 25th. The stock was bought at an average cost of GBX 696 ($9.11) per share, for a total transaction of £27,840 ($36,435.02). Also, insider Daniel Wright acquired 5,000 shares of the business's stock in a transaction dated Tuesday, August 20th. The shares were acquired at an average price of GBX 706 ($9.24) per share, for a total transaction of £35,300 ($46,198.14). 2.09% of the stock is owned by company insiders.
Manchester & London Company Profile
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Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis.
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