Manolete Partners Plc (LON:MANO – Get Free Report) hit a new 52-week low on Tuesday. The stock traded as low as GBX 30 and last traded at GBX 31.19, with a volume of 148,338 shares changing hands. The stock had previously closed at GBX 31.
Analysts Set New Price Targets
Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 67 price objective on shares of Manolete Partners in a research note on Wednesday, October 7th. One investment analyst has rated the stock with a Buy rating. Based on data from MarketBeat, Manolete Partners presently has a consensus rating of “Buy” and a consensus target price of GBX 67.
Read Our Latest Stock Report on MANO
Manolete Partners Trading Up 0.6%
The company has a quick ratio of 6.25, a current ratio of 7.43 and a debt-to-equity ratio of 30.06. The company has a market capitalization of £13.72 million, a P/E ratio of 12.68 and a beta of 0.59. The business has a fifty day moving average price of GBX 37.67 and a 200 day moving average price of GBX 44.12.
Manolete Partners Company Profile
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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