Randeep Singh Grewal Buys 2,000 Shares of Monks (LON:MNKS) Stock

Monks (LON:MNKS) insider Randeep Singh Grewal bought 2,000 shares of Monks stock in a transaction on Tuesday, January 20th. The stock was acquired at an average cost of GBX 1,523 per share, with a total value of £30,460.

Monks Stock Performance

LON:MNKS opened at GBX 1,544 on Friday. The firm’s fifty day simple moving average is GBX 1,479.63 and its 200-day simple moving average is GBX 1,443.97. The company has a quick ratio of 0.22, a current ratio of 0.67 and a debt-to-equity ratio of 8.47. The stock has a market cap of £2.53 billion, a PE ratio of 5.50 and a beta of 0.71. Monks has a fifty-two week low of GBX 984.03 and a fifty-two week high of GBX 1,560.

Monks (LON:MNKS) last announced its quarterly earnings data on Thursday, December 4th. The company reported GBX 0.90 EPS for the quarter. Monks had a net margin of 96.67% and a return on equity of 24.08%.

Key Stories Impacting Monks

Here are the key news stories impacting Monks this week:

• Positive Sentiment: Board-authorised buyback — The trust repurchased ordinary shares into treasury (reporting indicates a 200,000-share buyback). Buybacks reduce share count and can be accretive to NAV per share, supporting the share price. Monks Investment Trust Buys Back 200,000 Shares for Treasury
• Positive Sentiment: Insider buying — Director Randeep Singh Grewal purchased 2,000 shares (avg ~GBX 1,523) on Jan 20 (~£30.5k). Director purchases are typically viewed as management confidence and can bolster investor sentiment. Insider Buy: Randeep Singh Grewal
• Neutral Sentiment: Non-corporate media coverage — A cluster of local human-interest stories about Buddhist monks’ “Walk for Peace” generated broad media attention; these are unrelated to the investment trust’s operations and are likely noise for investors. Example: WRAL coverage. Monks walk for peace coverage
• Negative Sentiment: Balance-sheet/coverage caution — While recent actions are positive, published ratios (debt-to-equity ~8.47; current and quick ratios below 1) highlight liquidity/leverage considerations that could limit upside in weaker markets; no adverse corporate developments were reported in the last 36 hours.

About Monks

The Trust aims for long-term capital growth which takes priority over income. This is pursued through applying a patient approach to investment, principally from a differentiated, actively managed global equity portfolio containing a diversified range of growth stocks – companies with above average earnings growth – which we expect to hold for around five years on average. Investments are made on an unconstrained basis. The portfolio, which includes stocks with a range of different growth profiles, will typically contain 100+ stocks from around the world and Monks should not be viewed as a proxy for any index.