Manolete Partners (LON:MANO) Shares Up 1% – Still a Buy?

Manolete Partners Plc (LON:MANO)’s stock price rose 1% during trading on Monday . The stock traded as high as GBX 105 ($1.31) and last traded at GBX 103 ($1.29). Approximately 138,809 shares traded hands during mid-day trading, an increase of 217% from the average daily volume of 43,758 shares. The stock had previously closed at GBX 102 ($1.28).

Manolete Partners Stock Up 4.0 %

The firm has a market cap of £45.95 million, a PE ratio of 5,250.00 and a beta of 0.77. The company has a quick ratio of 6.25, a current ratio of 4.92 and a debt-to-equity ratio of 33.92. The business has a 50-day moving average price of GBX 87.42 and a two-hundred day moving average price of GBX 107.38.

Manolete Partners (LON:MANO) last posted its quarterly earnings results on Tuesday, November 19th. The company reported GBX (0.49) (($0.01)) earnings per share (EPS) for the quarter. Manolete Partners had a net margin of 3.55% and a return on equity of 2.34%. On average, equities research analysts expect that Manolete Partners Plc will post 4.2845258 EPS for the current year.

About Manolete Partners

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.