Manolete Partners (LON:MANO) Reaches New 1-Year Low – Here’s What Happened

Manolete Partners Plc (LON:MANO) shares hit a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 37 and last traded at GBX 37.10, with a volume of 112691 shares trading hands. The stock had previously closed at GBX 37.

Manolete Partners Price Performance

The stock has a fifty day moving average of GBX 48.89 and a 200-day moving average of GBX 57.62. The company has a quick ratio of 6.25, a current ratio of 3.98 and a debt-to-equity ratio of 28.95. The stock has a market capitalization of £16.25 million, a price-to-earnings ratio of 26.31 and a beta of 0.60.

About Manolete Partners

Manolete Partners Plc is the UK’s leading insolvency claims financing company. Serving a growing market worth over £500 million annually, the Company has a highly experienced team with coverage across the UK and a proven track record of generating strong historic returns across over 1,300 cases financed and completed to date.

Widely recognised as the industry leader, Manolete is the only company in the insolvency litigation funding section to be ranked in Band 1 of the legal industry’s prestigious Chambers Guide five times.