Manolete Partners Plc (LON:MANO – Get Free Report)’s stock price fell 3.7% on Wednesday. The stock traded as low as GBX 36.60 and last traded at GBX 36.60. Approximately 13,000 shares traded hands during trading, a decline of 81% from the average session volume of 67,853 shares. The stock had previously closed at GBX 38.
Analyst Upgrades and Downgrades
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 67 price target on shares of Manolete Partners in a report on Wednesday, October 7th. One equities research analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 67.
View Our Latest Report on Manolete Partners
Manolete Partners Trading Down 3.7%
The company has a current ratio of 7.43, a quick ratio of 6.25 and a debt-to-equity ratio of 30.06. The business has a 50 day moving average of GBX 38.33 and a 200-day moving average of GBX 45.07. The stock has a market cap of £16.10 million, a PE ratio of 14.88 and a beta of 0.59.
About Manolete Partners
Manolete Partners Plc is the UK’s leading insolvency claims financing company. Serving a growing market worth over £500 million annually, the Company has a highly experienced team with coverage across the UK and a proven track record of generating strong historic returns across over 1,300 cases financed and completed to date.
Widely recognised as the industry leader, Manolete is the only company in the insolvency litigation funding section to be ranked in Band 1 of the legal industry’s prestigious Chambers Guide five times.
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