Shares of Manchester & London (LON:MNL – Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 707.95 ($8.91) and traded as high as GBX 758 ($9.54). Manchester & London shares last traded at GBX 753.65 ($9.49), with a volume of 16,677 shares.
Manchester & London Stock Performance
The stock has a market cap of £300.13 million, a P/E ratio of 2.51 and a beta of 0.42. The stock’s fifty day simple moving average is GBX 743.35 and its 200-day simple moving average is GBX 707.95.
Insider Buying and Selling at Manchester & London
In related news, insider Daren John Morris acquired 4,925 shares of the stock in a transaction that occurred on Wednesday, January 29th. The stock was acquired at an average cost of GBX 751 ($9.45) per share, for a total transaction of £36,986.75 ($46,553.49). Insiders own 2.09% of the company’s stock.
About Manchester & London
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.
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