Monks (LON:MNKS) Share Price Passes Below Fifty Day Moving Average – What’s Next?

Monks (LON:MNKSGet Free Report) shares crossed below its 50 day moving average during trading on Tuesday . The stock has a 50 day moving average of GBX 1,298.50 ($16.46) and traded as low as GBX 1,272 ($16.12). Monks shares last traded at GBX 1,278 ($16.20), with a volume of 605,300 shares trading hands.

Monks Stock Performance

The stock has a market cap of £2.50 billion, a P/E ratio of 4.21 and a beta of 0.71. The company has a fifty day moving average price of GBX 1,298.50 and a 200 day moving average price of GBX 1,232.95. The company has a debt-to-equity ratio of 8.47, a current ratio of 0.67 and a quick ratio of 0.22.

Monks (LON:MNKSGet Free Report) last released its quarterly earnings results on Wednesday, December 18th. The company reported GBX 1.15 ($0.01) earnings per share for the quarter. Monks had a net margin of 96.67% and a return on equity of 24.08%.

Monks Company Profile

(Get Free Report)

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.

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