Manolete Partners (LON:MANO) Sets New 12-Month Low – What’s Next?

Manolete Partners Plc (LON:MANOGet Free Report) shares reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 83 ($1.03) and last traded at GBX 84.50 ($1.04), with a volume of 55052 shares changing hands. The stock had previously closed at GBX 87 ($1.08).

Manolete Partners Stock Down 1.8 %

The firm has a 50-day moving average price of GBX 95.87 and a two-hundred day moving average price of GBX 114.32. The company has a debt-to-equity ratio of 33.92, a quick ratio of 6.25 and a current ratio of 4.92. The firm has a market cap of £35.66 million, a price-to-earnings ratio of 4,075.00 and a beta of 0.77.

About Manolete Partners

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Manolete Partners Plc is the UK’s leading insolvency litigation financing company which was founded in 2009 by its Chief Executive, Steven Cooklin, a UK Chartered Accountant.

Manolete finances the pursuit of claims through litigation and alternative dispute resolution to produce optimal returns for the creditors of insolvent companies.

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