Manolete Partners (LON:MANO) Stock Price Up 0.1% – Should You Buy?

Manolete Partners Plc (LON:MANO) shares were up 0.1% during mid-day trading on Thursday . The company traded as high as GBX 88 ($1.14) and last traded at GBX 87.10 ($1.12). Approximately 20,187 shares traded hands during trading, a decline of 34% from the average daily volume of 30,557 shares. The stock had previously closed at GBX 87 ($1.12).

Manolete Partners Trading Down 2.0 %

The company has a debt-to-equity ratio of 33.92, a current ratio of 4.92 and a quick ratio of 6.25. The firm has a market capitalization of £35.14 million, a PE ratio of 0.81 and a beta of 0.77. The business’s 50-day moving average price is GBX 91.48 and its 200-day moving average price is GBX 98.29.

Manolete Partners Company Profile

Manolete Partners Plc is the UK’s leading insolvency litigation financing company which was founded in 2009 by its Chief Executive, Steven Cooklin, a UK Chartered Accountant.

Manolete finances the pursuit of claims through litigation and alternative dispute resolution to produce optimal returns for the creditors of insolvent companies.