Manolete Partners (LON:MANO) Sets New 52-Week Low – What’s Next?

Shares of Manolete Partners Plc (LON:MANO) reached a new 52-week low during mid-day trading on Wednesday . The company traded as low as GBX 38 and last traded at GBX 38.02, with a volume of 254203 shares trading hands. The stock had previously closed at GBX 40.

Manolete Partners Trading Down 4.9%

The firm has a fifty day moving average of GBX 54.91 and a 200 day moving average of GBX 62.52. The firm has a market capitalization of £16.66 million, a PE ratio of 26.96 and a beta of 0.76. The company has a debt-to-equity ratio of 28.95, a quick ratio of 6.25 and a current ratio of 3.98.

About Manolete Partners

Manolete Partners Plc is the UK’s leading insolvency claims financing company. Serving a growing market worth over £500 million annually, the Company has a highly experienced team with coverage across the UK and a proven track record of generating strong historic returns across over 1,300 cases financed and completed to date.

Widely recognised as the industry leader, Manolete is the only company in the insolvency litigation funding section to be ranked in Band 1 of the legal industry’s prestigious Chambers Guide five times.