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Manchester & London (LON:MNL) Share Price Passes Above 200 Day Moving Average - Should You Sell?

Manchester & London logo with Financial Services background

Manchester & London (LON:MNL - Get Free Report) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 707.95 ($8.93) and traded as high as GBX 758 ($9.56). Manchester & London shares last traded at GBX 753.65 ($9.51), with a volume of 16,677 shares traded.

Manchester & London Price Performance

The firm has a market cap of £298.68 million, a price-to-earnings ratio of 2.49 and a beta of 0.42. The stock has a 50-day moving average of GBX 743.43 and a 200-day moving average of GBX 708.37.

Insider Buying and Selling at Manchester & London

In other Manchester & London news, insider Daren John Morris acquired 4,925 shares of the stock in a transaction dated Wednesday, January 29th. The stock was purchased at an average cost of GBX 751 ($9.48) per share, with a total value of £36,986.75 ($46,665.09). Company insiders own 2.09% of the company's stock.

About Manchester & London

(Get Free Report)

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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