Manolete Partners (LON:MANO) Hits New 12-Month Low – Here’s Why

Shares of Manolete Partners Plc (LON:MANO – Get Free Report) reached a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 37 and last traded at GBX 37, with a volume of 65416 shares. The stock had previously closed at GBX 37.

Manolete Partners Trading Up 4.1%

The company has a current ratio of 3.98, a quick ratio of 6.25 and a debt-to-equity ratio of 28.95. The company has a market cap of £16.87 million, a PE ratio of 27.30 and a beta of 0.60. The business’s 50-day simple moving average is GBX 50.43 and its 200-day simple moving average is GBX 58.95.

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About Manolete Partners

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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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