Key Points
- Insider sale: Leigh of Hurley sold 65,000 shares of Manolete Partners at GBX 71 on November 21, for total proceeds of £46,150.
- Analyst update: Canaccord lowered its target from GBX 172 to GBX 130 but kept a "Buy" rating; the consensus rating is Buy with an average price target of GBX 130.
- Financials and stock position: Manolete reported EPS of GBX (1.09) for the quarter yet shows strong net margin (180.12%) and ROE (109.76%); the stock trades around GBX 66 (market cap £28.92m, PE 32.84) and sits below its 50- and 200-day SMAs (≈GBX 86–87) with a 52-week range of GBX 65–118.
Manolete Partners Plc (LON:MANO - Get Free Report) insider Leigh of Hurley sold 65,000 shares of the company's stock in a transaction dated Friday, November 21st. The stock was sold at an average price of GBX 71, for a total transaction of £46,150.
Manolete Partners Stock Down 0.8%
LON MANO opened at GBX 66 on Wednesday. The business's fifty day simple moving average is GBX 86.41 and its 200-day simple moving average is GBX 87.51. 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 firm has a market cap of £28.92 million, a PE ratio of 32.84 and a beta of 0.77. Manolete Partners Plc has a 52 week low of GBX 65 and a 52 week high of GBX 118.
Manolete Partners (LON:MANO - Get Free Report) last posted its earnings results on Wednesday, November 19th. The company reported GBX (1.09) EPS for the quarter. Manolete Partners had a net margin of 180.12% and a return on equity of 109.76%. As a group, equities analysts anticipate that Manolete Partners Plc will post 4.2845258 earnings per share for the current year.
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reduced their target price on Manolete Partners from GBX 172 to GBX 130 and set a "buy" rating for the company in a report on Wednesday, November 19th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Manolete Partners presently has an average rating of "Buy" and an average price target of GBX 130.
Read Our Latest Stock Report on Manolete Partners
Manolete Partners Company Profile
(
Get Free Report)
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.
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