Monks (LON:MNKS) Reaches New 52-Week High – Here’s Why

Monks (LON:MNKSGet Free Report) shares hit a new 52-week high on Friday . The company traded as high as GBX 1,300.25 ($15.91) and last traded at GBX 1,297.13 ($15.87), with a volume of 148149 shares changing hands. The stock had previously closed at GBX 1,286 ($15.73).

Monks Stock Up 0.7 %

The stock has a market capitalization of £2.61 billion, a PE ratio of 727.62 and a beta of 0.71. The business’s fifty day moving average price is GBX 1,267.18 and its two-hundred day moving average price is GBX 1,200.63. The company has a debt-to-equity ratio of 8.39, a current ratio of 0.82 and a quick ratio of 0.22.

Monks Company Profile

(Get Free Report)

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.

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