Manolete Partners (LON:MANO) Hits New 12-Month Low – Should You Sell?

Manolete Partners Plc (LON:MANO) shares reached a new 52-week low 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 Price Performance

The company has a current ratio of 3.98, a quick ratio of 6.25 and a debt-to-equity ratio of 28.95. The stock has a market cap of £16.66 million, a PE ratio of 26.96 and a beta of 0.76. The company’s 50 day moving average is GBX 54.91 and its 200-day moving average is GBX 62.52.

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.