Manolete Partners (LON:MANO – Get Free Report) posted its quarterly earnings data on Thursday. The company reported GBX 2.50 earnings per share for the quarter, Digital Look Earnings reports. Manolete Partners had a return on equity of 1.54% and a net margin of 2.23%.The firm had revenue of GBX 2,788 million during the quarter.
Manolete Partners Stock Performance
MANO opened at GBX 36 on Friday. The company has a current ratio of 3.98, a quick ratio of 6.25 and a debt-to-equity ratio of 28.95. Manolete Partners has a 12-month low of GBX 32 and a 12-month high of GBX 118. The firm has a 50 day moving average of GBX 40.28 and a two-hundred day moving average of GBX 51.28. The firm has a market capitalization of £15.77 million, a PE ratio of 25.53 and a beta of 0.60.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group decreased their price target on Manolete Partners from GBX 130 to GBX 67 and set a “buy” rating for the company in a research note on Thursday. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of GBX 67.
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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