Manchester & London (LON:MNL) Releases Earnings Results

Manchester & London (LON:MNLGet Free Report) issued its earnings results on Wednesday. The investment trust reported GBX (0.43) EPS for the quarter, Digital Look Earnings reports. Manchester & London had a return on equity of 18.18% and a net margin of 91.75%.

Manchester & London Price Performance

Shares of LON MNL traded down GBX 6 during mid-day trading on Wednesday, hitting GBX 986. 37,072 shares of the stock traded hands, compared to its average volume of 40,293. The company has a market cap of £374.93 million, a PE ratio of 5.29 and a beta of 0.80. Manchester & London has a twelve month low of GBX 709.88 and a twelve month high of GBX 1,220. The company has a debt-to-equity ratio of 0.49, a current ratio of 22.60 and a quick ratio of 2.81. The firm has a 50 day simple moving average of GBX 977.79 and a two-hundred day simple moving average of GBX 971.98.

Manchester & London Company Profile

(Get Free Report)

Manchester & London Investment Trust is managed by M & L Capital Management Limited, an Alternative Investment Fund Management Firm specialising in Intellectual Property rich, fast growth, Global Equities.

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.

Further Reading

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