Manchester & London (LON:MNL) Announces Earnings Results

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

Manchester & London Price Performance

Shares of MNL opened at GBX 982 on Friday. Manchester & London has a twelve month low of GBX 709.88 and a twelve month high of GBX 1,220. The company has a market capitalization of £373.41 million, a P/E ratio of 5.27 and a beta of 0.80. The firm has a 50 day moving average of GBX 976.39 and a 200 day moving average of GBX 974.84. The company has a quick ratio of 2.81, a current ratio of 22.60 and a debt-to-equity ratio of 0.49.

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.