Monks (LON:MNKS) Stock Price Passes Below 50 Day Moving Average – Time to Sell?

Monks (LON:MNKSGet Free Report) shares crossed below its fifty day moving average during trading on Friday . The stock has a fifty day moving average of GBX 1,261.19 ($15.40) and traded as low as GBX 1,252 ($15.29). Monks shares last traded at GBX 1,252 ($15.29), with a volume of 3,358,936 shares traded.

Monks Price Performance

The firm has a market capitalization of £2.53 billion, a P/E ratio of 703.37 and a beta of 0.71. The company has a quick ratio of 0.22, a current ratio of 0.82 and a debt-to-equity ratio of 8.39. The business’s 50-day simple moving average is GBX 1,262.47 and its 200 day simple moving average is GBX 1,198.43.

About Monks

(Get Free Report)

The Trust aims for long-term capital growth which takes priority over income. This is pursued through applying a patient approach to investment, principally from a differentiated, actively managed global equity portfolio containing a diversified range of growth stocks – companies with above average earnings growth – which we expect to hold for around five years on average.

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