Manchester & London (LON:MNL – Get Free Report) crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 1,046.56 and traded as high as GBX 1,150. Manchester & London shares last traded at GBX 1,150, with a volume of 20,531 shares trading hands.
Manchester & London Stock Up 0.9%
The company has a market cap of £437.29 million, a P/E ratio of 6.17 and a beta of 0.91. The company has a quick ratio of 2.81, a current ratio of 22.60 and a debt-to-equity ratio of 0.49. The business’s 50 day moving average is GBX 1,046.56 and its 200 day moving average is GBX 878.40.
Manchester & London Company Profile
Our central investment thesis is that we believe in the increasing economic power of the Machine in the two century long battle for supremacy between Man & Machine. We are particularly interested in software as, once built, software’s marginal cost on each incremental sale is extremely low which makes its marginal profit extraordinarily high.
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