Monks (LON:MNKS) Shares Pass Below 50-Day Moving Average – Here’s Why

Monks (LON:MNKSGet Free Report)’s stock price passed below its 50 day moving average during trading on Friday . The stock has a 50 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 changing hands.

Monks Trading Down 1.1 %

The company has a debt-to-equity ratio of 8.39, a quick ratio of 0.22 and a current ratio of 0.82. The stock has a market capitalization of £2.53 billion, a P/E ratio of 703.37 and a beta of 0.71. The stock has a 50-day moving average price of GBX 1,262.47 and a two-hundred day moving average price of GBX 1,198.43.

Monks Company Profile

(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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