Manchester & London (LON:MNL - Get Free Report)'s share price traded down 0.8% during trading on Wednesday . The stock traded as low as GBX 718 ($9.10) and last traded at GBX 724 ($9.18). 60,970 shares changed hands during mid-day trading, an increase of 1% from the average session volume of 60,595 shares. The stock had previously closed at GBX 730 ($9.25).
Manchester & London Price Performance
The business's fifty day simple moving average is GBX 715.70 and its two-hundred day simple moving average is GBX 711.74. The company has a market cap of £292.73 million, a PE ratio of 239.20 and a beta of 0.42.
Manchester & London Announces Dividend
The firm also recently declared a dividend, which was paid on Friday, November 8th. Investors of record on Thursday, October 3rd were issued a GBX 7 ($0.09) dividend. The ex-dividend date of this dividend was Thursday, October 3rd. This represents a yield of 1.07%. Manchester & London's payout ratio is 465.12%.
Insider Buying and Selling at Manchester & London
In related news, insider Daniel Wright bought 1,009 shares of the business's stock in a transaction dated Tuesday, October 29th. The stock was acquired at an average price of GBX 710 ($9.00) per share, with a total value of £7,163.90 ($9,080.87). 2.09% of the stock is owned by corporate insiders.
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.
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