Manx Financial Group (LON:MFX) Stock Price Crosses Above 50-Day Moving Average – Here’s What Happened

Manx Financial Group PLC (LON:MFXGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of GBX 27.28 and traded as high as GBX 29. Manx Financial Group shares last traded at GBX 29, with a volume of 167 shares trading hands.

Manx Financial Group Price Performance

The firm has a market cap of £35.05 million, a P/E ratio of 4.65 and a beta of 0.62. 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 firm’s 50 day moving average is GBX 27.28 and its 200 day moving average is GBX 28.31.

Insider Buying and Selling at Manx Financial Group

In related news, insider James Smeed purchased 25,000 shares of the business’s stock in a transaction that occurred on Thursday, November 20th. The shares were bought at an average price of GBX 27 per share, for a total transaction of £6,750. 69.71% of the stock is owned by insiders.

Manx Financial Group Company Profile

(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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