Manchester & London (LON:MNL - Get Free Report) passed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 687.68 ($8.73) and traded as high as GBX 770 ($9.77). Manchester & London shares last traded at GBX 740 ($9.39), with a volume of 22,390 shares trading hands.
Manchester & London Stock Up 0.3 %
The company has a market cap of £297.54 million, a PE ratio of 246.51 and a beta of 0.42. The business's 50 day moving average price is GBX 690.44 and its 200-day moving average price is GBX 701.84.
Manchester & London Announces Dividend
The business also recently declared a dividend, which was paid on Friday, November 8th. Shareholders of record on Thursday, October 3rd were given a dividend of GBX 7 ($0.09) per share. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a dividend yield of 1.07%. Manchester & London's dividend payout ratio (DPR) is 465.12%.
Insider Activity
In other Manchester & London news, insider Daniel Wright bought 1,009 shares of the stock in a transaction on Tuesday, October 29th. The shares were purchased at an average cost of GBX 710 ($9.01) per share, with a total value of £7,163.90 ($9,091.24). 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.
See Also
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
Thinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
