Manchester & London (LON:MNL - Get Free Report) shares crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 743.35 ($9.38) 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 trading hands.
Manchester & London Price Performance
The firm has a 50-day moving average of GBX 743.43 and a 200 day moving average of GBX 708.37. The company has a market capitalization of £298.68 million, a PE ratio of 2.49 and a beta of 0.42.
Insider Activity
In other news, insider Daren John Morris acquired 4,925 shares of the business's stock in a transaction that occurred on Wednesday, January 29th. The stock was bought at an average price of GBX 751 ($9.48) per share, with a total value of £36,986.75 ($46,665.09). Insiders own 2.09% of the company's stock.
About Manchester & London
(
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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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