Manx Financial Group (LON:MFX) Stock Price Crosses Above Fifty Day Moving Average – Time to Sell?

Manx Financial Group PLC (LON:MFXGet Free Report)’s share price passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of GBX 26.79 and traded as high as GBX 31. Manx Financial Group shares last traded at GBX 29, with a volume of 135,703 shares trading hands.

Manx Financial Group Trading Up 1.6%

The stock has a market cap of £37.46 million, a PE ratio of 4.97 and a beta of 0.62. The company has a debt-to-equity ratio of 111.71, a quick ratio of 1.02 and a current ratio of 2.30. The company has a 50 day moving average of GBX 26.79 and a two-hundred day moving average of GBX 27.51.

Insider Activity at Manx Financial Group

In other Manx Financial Group news, insider James Smeed acquired 25,000 shares of the business’s stock in a transaction dated Thursday, November 20th. The stock was acquired at an average cost of GBX 27 per share, for a total transaction of £6,750. 69.71% of the stock is owned by company insiders.

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.

Further Reading

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