Manolete Partners (LON:MANO) Releases Quarterly Earnings Results

Manolete Partners (LON:MANO) announced its quarterly earnings results on Wednesday. The company reported GBX (1.09) earnings per share (EPS) for the quarter, Digital Look Earnings reports. Manolete Partners had a net margin of 180.12% and a return on equity of 109.76%.

Manolete Partners Price Performance

Shares of MANO opened at GBX 80 on Wednesday. Manolete Partners has a one year low of GBX 70.14 and a one year high of GBX 118. The stock’s fifty day moving average is GBX 90.51 and its 200-day moving average is GBX 88.32. The company has a debt-to-equity ratio of 33.92, a quick ratio of 6.25 and a current ratio of 4.92. The firm has a market capitalization of £35.05 million, a price-to-earnings ratio of 39.80 and a beta of 0.77.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 172 target price on shares of Manolete Partners in a research note on Tuesday, September 16th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 172.

About Manolete Partners

Manolete Partners Plc is the UK’s leading insolvency litigation financing company which was founded in 2009 by its Chief Executive, Steven Cooklin, a UK Chartered Accountant.

Manolete finances the pursuit of claims through litigation and alternative dispute resolution to produce optimal returns for the creditors of insolvent companies.