Manchester & London (LON:MNL - Get Free Report)'s stock price passed above its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 669.11 ($8.74) and traded as high as GBX 710 ($9.27). Manchester & London shares last traded at GBX 709 ($9.26), with a volume of 24,664 shares traded.
Manchester & London Price Performance
The company's 50-day moving average is GBX 669.11 and its 200-day moving average is GBX 687.69. The firm has a market capitalization of £284.31 million, a price-to-earnings ratio of 235.55 and a beta of 0.42.
Manchester & London Dividend Announcement
The firm also recently declared a dividend, which will be paid on Friday, November 8th. Investors of record on Thursday, October 3rd will be given a dividend of GBX 7 ($0.09) per share. The ex-dividend date of this dividend is Thursday, October 3rd. This represents a yield of 1.07%. Manchester & London's dividend payout ratio (DPR) is 465.12%.
Insider Activity
In related news, insider Daniel Wright acquired 5,000 shares of Manchester & London stock in a transaction on Tuesday, August 20th. The shares were purchased at an average cost of GBX 706 ($9.22) per share, for a total transaction of £35,300 ($46,095.59). In other news, insider Daren John Morris bought 4,000 shares of the company's stock in a transaction that occurred on Thursday, July 25th. The shares were purchased at an average price of GBX 696 ($9.09) per share, with a total value of £27,840 ($36,354.14). Also, insider Daniel Wright purchased 5,000 shares of the business's stock in a transaction on Tuesday, August 20th. The stock was acquired at an average cost of GBX 706 ($9.22) per share, with a total value of £35,300 ($46,095.59). Insiders own 2.09% of the company's stock.
About Manchester & London
(
Get Free Report)
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.
Further Reading
Before you consider Manchester & London, 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 Manchester & London wasn't on the list.
While Manchester & London currently has a "hold" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
