Manchester & London (LON:MNL) Share Price Passes Above Two Hundred Day Moving Average – Here’s What Happened

Manchester & London (LON:MNL)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of GBX 707.95 ($8.91) and traded as high as GBX 758 ($9.54). Manchester & London shares last traded at GBX 753.65 ($9.49), with a volume of 16,677 shares.

Manchester & London Stock Down 0.8 %

The stock has a market capitalization of £300.13 million, a PE ratio of 2.51 and a beta of 0.42. The firm has a 50 day moving average price of GBX 743.35 and a 200 day moving average price of GBX 707.95.

Insider Activity at Manchester & London

In other news, insider Daren John Morris acquired 4,925 shares of Manchester & London stock in a transaction on Wednesday, January 29th. The stock was acquired at an average cost of GBX 751 ($9.45) per share, with a total value of £36,986.75 ($46,553.49). 2.09% of the stock is currently owned by company insiders.

Manchester & London Company Profile

Manchester & London Investment Trust is managed by M & L Capital Management Limited, an Alternative Investment Fund Management Firm specialising in Intellectual Property rich, fast growth, Global Equities.

Our central investment thesis is that we believe in the increasing economic power of the Machine in the two century long battle for supremacy between Man & Machine.