Manchester & London (LON:MNL) Releases Earnings Results

Manchester & London (LON:MNL) announced its quarterly earnings data on Wednesday. The investment trust reported GBX (0.43) EPS for the quarter, Digital Look Earnings reports. Manchester & London had a net margin of 91.75% and a return on equity of 18.18%.

Manchester & London Trading Down 0.6%

Manchester & London stock opened at GBX 986 on Thursday. Manchester & London has a 52 week low of GBX 709.88 and a 52 week high of GBX 1,220. The company has a debt-to-equity ratio of 0.49, a quick ratio of 2.81 and a current ratio of 22.60. The stock has a market capitalization of £374.93 million, a P/E ratio of 5.29 and a beta of 0.80. The stock has a 50-day simple moving average of GBX 976.79 and a 200 day simple moving average of GBX 973.33.

Manchester & London Company Profile

Manchester & London Investment Trust is managed by M & L Capital Management Limited, an Alternative Investment Fund Management Firm specialising in Intellectual Property rich, fast growth, Global Equities.

Our central investment thesis is that we believe in the increasing economic power of the Machine in the two century long battle for supremacy between Man & Machine. We are particularly interested in software as, once built, software’s marginal cost on each incremental sale is extremely low which makes its marginal profit extraordinarily high.