Manolete Partners (LON:MANO) Trading 0.1% Higher – What’s Next?

Manolete Partners Plc (LON:MANO)’s stock price shot up 0.1% during mid-day trading on Thursday . The company traded as high as GBX 88 ($1.14) and last traded at GBX 87.10 ($1.12). 20,187 shares traded hands during mid-day trading, a decline of 34% from the average session volume of 30,557 shares. The stock had previously closed at GBX 87 ($1.12).

Manolete Partners Price Performance

The company has a 50 day moving average of GBX 91.48 and a 200 day moving average of GBX 98.29. 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 stock has a market capitalization of £35.14 million, a price-to-earnings ratio of 0.81 and a beta of 0.77.

Manolete Partners Company Profile

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.