Monks (LON:MNKS) Sets New 1-Year High – Here’s Why

Monks (LON:MNKS) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 1,560 and last traded at GBX 1,558.97, with a volume of 557658 shares. The stock had previously closed at GBX 1,554.

Monks Price Performance

The business’s 50-day moving average price is GBX 1,463.50 and its 200 day moving average price is GBX 1,482.12. The stock has a market capitalization of £2.47 billion, a PE ratio of 5.55 and a beta of 0.91. The company has a debt-to-equity ratio of 6.47, a quick ratio of 0.22 and a current ratio of 0.68.

About Monks

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. Investments are made on an unconstrained basis. The portfolio, which includes stocks with a range of different growth profiles, will typically contain 100+ stocks from around the world and Monks should not be viewed as a proxy for any index.