Manolete Partners (LON:MANO) Reaches New 52-Week Low – Here’s What Happened

Manolete Partners Plc (LON:MANO) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 83 ($1.03) and last traded at GBX 84.50 ($1.04), with a volume of 55052 shares trading hands. The stock had previously closed at GBX 87 ($1.08).

Manolete Partners Stock Performance

The stock has a fifty day moving average of GBX 95.87 and a 200-day moving average of GBX 114.32. The company has a quick ratio of 6.25, a current ratio of 4.92 and a debt-to-equity ratio of 33.92. The stock has a market capitalization of £35.66 million, a PE ratio of 4,075.00 and a beta of 0.77.

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.