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

Shares of Manolete Partners Plc (LON:MANO) hit a new 52-week low during trading on Tuesday . The stock traded as low as GBX 36 and last traded at GBX 36, with a volume of 47443 shares trading hands. The stock had previously closed at GBX 37.

Manolete Partners Price Performance

The company has a debt-to-equity ratio of 28.95, a current ratio of 3.98 and a quick ratio of 6.25. The stock’s 50 day moving average price is GBX 41.44 and its two-hundred day moving average price is GBX 52.09. The firm has a market capitalization of £15.77 million, a price-to-earnings ratio of 25.53 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.