Monks (LON:MNKS) Stock Crosses Above 50-Day Moving Average – Time to Sell?

Shares of Monks (LON:MNKSGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 1,479.69 and traded as high as GBX 1,508.88. Monks shares last traded at GBX 1,486, with a volume of 4,497,263 shares traded.

Monks Stock Performance

The company has a current ratio of 0.67, a quick ratio of 0.22 and a debt-to-equity ratio of 8.47. The company has a market cap of £2.51 billion, a PE ratio of -179.05 and a beta of 0.71. The firm’s 50-day simple moving average is GBX 1,479.69 and its two-hundred day simple moving average is GBX 1,357.71.

Insider Buying and Selling at Monks

In other news, insider David Ballance bought 4,000 shares of the business’s stock in a transaction that occurred on Wednesday, October 15th. The shares were purchased at an average cost of GBX 1,489 per share, with a total value of £59,560. 0.96% of the stock is owned by company insiders.

About Monks

(Get Free Report)

The Trust aims for long-term capital growth which takes priority over income. This is pursued through applying a patient approach to investment, principally from a differentiated, actively managed global equity portfolio containing a diversified range of growth stocks – companies with above average earnings growth – which we expect to hold for around five years on average.

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