Manx Financial Group (LON:MFX) Stock Price Down 8.2% – Here’s Why

Manx Financial Group PLC (LON:MFXGet Free Report)’s share price dropped 8.2% during trading on Friday . The company traded as low as GBX 23.88 and last traded at GBX 23.88. Approximately 177,631 shares traded hands during mid-day trading, an increase of 121% from the average daily volume of 80,243 shares. The stock had previously closed at GBX 26.

Manx Financial Group Stock Performance

The company has a debt-to-equity ratio of 111.71, a current ratio of 2.30 and a quick ratio of 1.02. The stock has a market cap of £29.51 million, a PE ratio of 3.85 and a beta of 0.62. The business has a 50 day moving average price of GBX 27.01 and a two-hundred day moving average price of GBX 28.82.

About Manx Financial Group

(Get Free Report)

Manx Financial Group PLC (MFG) is an AIM-quoted company (LSE: MFX.L) with subsidiaries offering a suite of financial services to retail and commercial customers, both in the Isle of Man and the UK. MFG’s strategy is to combine organic growth with strategic acquisition to further augment the range of services it offers and to gain greater market share in its preferred markets.

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