Manchester & London (LON:MNL) Releases Earnings Results

Manchester & London (LON:MNL) posted its quarterly 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 Stock Up 1.4%

Shares of LON MNL opened at GBX 1,013.78 on Friday. The firm has a market cap of £385.49 million, a PE ratio of 5.44 and a beta of 0.80. Manchester & London has a 12-month low of GBX 709.88 and a 12-month high of GBX 1,220. The company’s fifty day simple moving average is GBX 976.39 and its 200 day simple moving average is 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.