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Monks (LON:MNKS) Stock Crosses Above Fifty Day Moving Average - Here's Why

Monks logo with Financial Services background

Monks (LON:MNKS - Get Free Report) crossed above its 50 day moving average during trading on Wednesday . The stock has a 50 day moving average of GBX 1,243.31 ($15.58) and traded as high as GBX 1,272.58 ($15.95). Monks shares last traded at GBX 1,268 ($15.89), with a volume of 66,351 shares changing hands.

Monks Stock Performance

The company has a debt-to-equity ratio of 8.39, a current ratio of 0.82 and a quick ratio of 0.22. The company has a 50 day simple moving average of GBX 1,245.03 and a 200-day simple moving average of GBX 1,190.60. The stock has a market capitalization of £2.56 billion, a P/E ratio of 712.36 and a beta of 0.71.

Monks Company Profile

(Get Free Report)

The Monks Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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