Monks (LON:MNKS) Hits New 12-Month High – Should You Buy?

Monks (LON:MNKS)’s stock price reached a new 52-week high on Wednesday . The stock traded as high as GBX 1,590 and last traded at GBX 1,580.44, with a volume of 2621198 shares traded. The stock had previously closed at GBX 1,574.

Monks Trading Up 0.4%

The stock has a 50-day moving average of GBX 1,489.43 and a 200 day moving average of GBX 1,489.75. The stock has a market cap of £2.49 billion, a PE ratio of 5.62 and a beta of 0.94. The company has a quick ratio of 0.22, a current ratio of 0.68 and a debt-to-equity ratio of 6.47.

About Monks

The Trust aims for long-term capital growth which takes priority over income. This is pursued through applying a patient approach to investment, principally from a differentiated, actively managed global equity portfolio containing a diversified range of growth stocks – companies with above average earnings growth – which we expect to hold for around five years on average. Investments are made on an unconstrained basis. The portfolio, which includes stocks with a range of different growth profiles, will typically contain 100+ stocks from around the world and Monks should not be viewed as a proxy for any index.