Manx Financial Group (LON:MFX) Hits New 12-Month Low – Should You Sell?

Manx Financial Group PLC (LON:MFX)’s share price hit a new 52-week low on Wednesday. The company traded as low as GBX 20 and last traded at GBX 21, with a volume of 224 shares traded. The stock had previously closed at GBX 20.50.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “house stock” rating on shares of Manx Financial Group in a report on Friday, September 4th.

Manx Financial Group Stock Down 6.5%

The firm has a market capitalization of £25.00 million, a price-to-earnings ratio of 5.52 and a beta of 0.74. The company has a debt-to-equity ratio of 109.62, a current ratio of 0.05 and a quick ratio of 1.02. The stock has a fifty day moving average of GBX 22.88 and a two-hundred day moving average of GBX 24.57.

Manx Financial Group (LON:MFX) last issued its quarterly earnings results on Monday, September 21st. The company reported GBX 3.09 EPS for the quarter. Manx Financial Group had a net margin of 7.99% and a return on equity of 12.15%.

Manx Financial Group Company Profile

Manx Financial Group PLC (MFG) is an AIM-quoted company (LSE: MFX.L) with subsidiaries offering a suite of financial services to retail and commercial customers, both in the Isle of Man and the UK. MFG’s strategy is to combine organic growth with strategic acquisition to further augment the range of services it offers and to gain greater market share in its preferred markets.