Free Trial

Manchester & London (LON:MNL) Shares Cross Above Fifty Day Moving Average - Time to Sell?

Manchester & London logo with Financial Services background

Manchester & London (LON:MNL - Get Free Report) shares crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 726.16 ($8.99) and traded as high as GBX 728 ($9.01). Manchester & London shares last traded at GBX 720 ($8.91), with a volume of 12,375 shares changing hands.

Manchester & London Price Performance

The firm has a market cap of £296.74 million, a PE ratio of 245.85 and a beta of 0.42. The business's fifty day moving average is GBX 726.98 and its 200-day moving average is GBX 712.50.

Insider Activity

In other news, insider Daniel Wright purchased 1,009 shares of the business's stock in a transaction dated Tuesday, October 29th. The stock was bought at an average price of GBX 710 ($8.79) per share, for a total transaction of £7,163.90 ($8,867.31). Insiders own 2.09% of the company's stock.

Manchester & London Company Profile

(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

Should You Invest $1,000 in Manchester & London Right Now?

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

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Transportation Stocks to Watch in 2025: Top Picks for Growth
Crypto Boom 2025: Bitcoin’s Rise and Trump’s Impact on the Market
Goldman Sachs’ 2025 Market Outlook: Top 3 Stock Picks

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines