Monks (LON:MNKS) Issues Quarterly Earnings Results

Monks (LON:MNKS) released its quarterly earnings results on Wednesday. The company reported GBX 2.31 EPS for the quarter, Digital Look Earnings reports. Monks had a net margin of 95.29% and a return on equity of 19.34%.

Monks Price Performance

LON:MNKS traded down GBX 12 during trading hours on Thursday, reaching GBX 1,636. 285,957 shares of the company were exchanged, compared to its average volume of 1,072,408. Monks has a twelve month low of GBX 1,294 and a twelve month high of GBX 1,664. The stock’s 50-day moving average is GBX 1,596.92 and its 200-day moving average is GBX 1,523.12. The company has a current ratio of 0.68, a quick ratio of 0.21 and a debt-to-equity ratio of 6.47. The firm has a market cap of £2.56 billion, a PE ratio of 5.82 and a beta of 0.94.

Monks News Roundup

Here are the key news stories impacting Monks this week:

• Neutral Sentiment: Monks Investment Trust issued an update on its share capital and voting rights, a standard corporate filing that is unlikely to materially change the investment case on its own. Monks Investment Trust Updates Share Capital and Voting Rights
• Positive Sentiment: The trust’s latest earnings showed GBX 2.31 EPS, with a high net margin and solid return on equity, suggesting the underlying portfolio remains financially healthy. Monks earnings and stock quote page

Monks Company Profile

The Trust aims for long-term capital growth which takes priority over income. This is pursued through applying a patient approach to investment, principally from a differentiated, actively managed global equity portfolio containing a diversified range of growth stocks – companies with above average earnings growth – which we expect to hold for around five years on average. Investments are made on an unconstrained basis. The portfolio, which includes stocks with a range of different growth profiles, will typically contain 100+ stocks from around the world and Monks should not be viewed as a proxy for any index.