Manolete Partners (LON:MANO) Sets New 12-Month Low – Here’s Why

Shares of Manolete Partners Plc (LON:MANO) hit a new 52-week low on Tuesday . The company traded as low as GBX 37 and last traded at GBX 37, with a volume of 117729 shares changing hands. The stock had previously closed at GBX 37.

Manolete Partners Price Performance

The company has a debt-to-equity ratio of 28.95, a quick ratio of 6.25 and a current ratio of 3.98. The firm’s 50-day moving average is GBX 53.12 and its 200 day moving average is GBX 61.10. The firm has a market capitalization of £16.21 million, a PE ratio of 26.24 and a beta of 0.76.

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.