Manolete Partners (LON:MANO) Reaches New 1-Year Low – What’s Next?

Manolete Partners Plc (LON:MANO) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as GBX 36 and last traded at GBX 36, with a volume of 47443 shares changing hands. The stock had previously closed at GBX 37.

Manolete Partners Trading Down 2.7%

The company has a market capitalization of £15.77 million, a price-to-earnings ratio of 25.53 and a beta of 0.60. The business has a fifty day moving average price of GBX 41.44 and a 200 day moving average price of GBX 52.09. The company has a debt-to-equity ratio of 28.95, a current ratio of 3.98 and a quick ratio of 6.25.

Manolete Partners Company Profile

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.