Manx Financial Group (LON:MFX) Hits New 1-Year Low – What’s Next?

Manx Financial Group PLC (LON:MFX)’s stock price hit a new 52-week low on Wednesday. The stock traded as low as GBX 20 and last traded at GBX 21, with a volume of 105,493 shares traded. The stock had previously closed at GBX 20.50.

Wall Street Analyst Weigh In

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

Manx Financial Group Stock Down 2.4%

The company has a current ratio of 0.05, a quick ratio of 1.02 and a debt-to-equity ratio of 109.62. The firm’s 50 day moving average price is GBX 23.37 and its two-hundred day moving average price is GBX 24.72. The company has a market capitalization of £25.00 million, a P/E ratio of 5.52 and a beta of 0.74.

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

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.