Manolete Partners (LON:MANO) Shares Up 1.9% – Still a Buy?

Manolete Partners Plc (LON:MANO)’s stock price shot up 1.9% on Thursday . The stock traded as high as GBX 81 ($1.09) and last traded at GBX 81 ($1.09). 22,042 shares changed hands during trading, a decline of 48% from the average session volume of 42,453 shares. The stock had previously closed at GBX 79.50 ($1.07).

Manolete Partners Stock Up 1.9%

The company has a quick ratio of 6.25, a current ratio of 4.92 and a debt-to-equity ratio of 33.92. The firm has a 50-day moving average of GBX 85.64 and a two-hundred day moving average of GBX 86.95. The stock has a market capitalization of £33.02 million, a price-to-earnings ratio of 0.76 and a beta of 0.77.

Manolete Partners (LON:MANO) last issued its quarterly earnings data on Thursday, June 26th. The company reported GBX 2.04 ($0.03) EPS for the quarter. Manolete Partners had a return on equity of 109.76% and a net margin of 180.12%. As a group, sell-side analysts anticipate that Manolete Partners Plc will post 4.2845258 earnings per share for the current year.

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.