Manolete Partners (LON:MANO) Hits New 52-Week Low – Time to Sell?

Manolete Partners Plc (LON:MANO) shares reached a new 52-week low on Monday . The company traded as low as GBX 37 and last traded at GBX 37, with a volume of 65416 shares traded. The stock had previously closed at GBX 37.

Manolete Partners Stock Performance

The company’s 50-day simple moving average is GBX 51.27 and its 200-day simple moving average is GBX 59.67. The stock has a market capitalization of £16.21 million, a price-to-earnings ratio of 26.24 and a beta of 0.60. The company has a current ratio of 3.98, a quick ratio of 6.25 and a debt-to-equity ratio of 28.95.

About Manolete Partners

Manolete Partners Plc is the UK’s leading insolvency claims financing company. Serving a growing market worth over £500 million annually, the Company has a highly experienced team with coverage across the UK and a proven track record of generating strong historic returns across over 1,300 cases financed and completed to date.

Widely recognised as the industry leader, Manolete is the only company in the insolvency litigation funding section to be ranked in Band 1 of the legal industry’s prestigious Chambers Guide five times.