Monks (LON:MNKS) Sets New 12-Month High – Here’s Why

Monks (LON:MNKS) shares hit a new 52-week high on Wednesday . The company traded as high as GBX 1,566.01 and last traded at GBX 1,564, with a volume of 324101 shares trading hands. The stock had previously closed at GBX 1,554.

Monks Stock Up 1.5%

The stock’s fifty day moving average price is GBX 1,472.85 and its 200 day moving average price is GBX 1,485.07. The stock has a market cap of £2.50 billion, a P/E ratio of 5.62 and a beta of 0.91. The company has a current ratio of 0.68, a quick ratio of 0.22 and a debt-to-equity ratio of 6.47.

About Monks

The Trust aims for long-term capital growth which takes priority over income. This is pursued through applying a patient approach to investment, principally from a differentiated, actively managed global equity portfolio containing a diversified range of growth stocks – companies with above average earnings growth – which we expect to hold for around five years on average. Investments are made on an unconstrained basis. The portfolio, which includes stocks with a range of different growth profiles, will typically contain 100+ stocks from around the world and Monks should not be viewed as a proxy for any index.