Manolete Partners (LON:MANO) Shares Down 8.8% – What’s Next?

Manolete Partners Plc (LON:MANOGet Free Report) shares were down 8.8% on Tuesday . The stock traded as low as GBX 101 ($1.28) and last traded at GBX 104 ($1.32). Approximately 120,957 shares were traded during trading, an increase of 443% from the average daily volume of 22,294 shares. The stock had previously closed at GBX 114 ($1.44).

Manolete Partners Stock Performance

The business’s fifty day simple moving average is GBX 105.13 and its 200-day simple moving average is GBX 125.19. The firm has a market cap of £42.88 million, a P/E ratio of 5,100.00 and a beta of 0.77. The company has a current ratio of 4.92, a quick ratio of 6.25 and a debt-to-equity ratio of 33.92.

About Manolete Partners

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Manolete Partners Plc operates as an insolvency litigation financing company in the United Kingdom. It is involved in the acquisition and funding of insolvency litigation cases. Manolete Partners Plc was founded in 2009 and is headquartered in London, the United Kingdom.

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