Shares of Manchester & London (LON:MNL – Get Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of GBX 726.16 ($8.99) and traded as high as GBX 728 ($9.01). Manchester & London shares last traded at GBX 720 ($8.91), with a volume of 12,375 shares trading hands.
Manchester & London Stock Performance
The firm has a fifty day moving average of GBX 726.98 and a 200 day moving average of GBX 712.50. The firm has a market capitalization of £301.55 million, a PE ratio of 249.83 and a beta of 0.42.
Insider Activity at Manchester & London
In other Manchester & London news, insider Daniel Wright acquired 1,009 shares of the firm’s stock in a transaction on Tuesday, October 29th. The stock was purchased at an average price of GBX 710 ($8.79) per share, with a total value of £7,163.90 ($8,867.31). Company insiders own 2.09% of the company’s stock.
About Manchester & London
Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis.
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