Manolete Partners (LON:MANO) Shares Down 2.6% – What’s Next?

Manolete Partners Plc (LON:MANO)’s share price fell 2.6% during trading on Tuesday . The stock traded as low as GBX 38 and last traded at GBX 38. 28,359 shares changed hands during trading, a decline of 62% from the average session volume of 73,886 shares. The stock had previously closed at GBX 39.

Manolete Partners Trading Down 2.6%

The company has a current ratio of 3.98, a quick ratio of 6.25 and a debt-to-equity ratio of 28.95. The firm has a 50-day moving average of GBX 42.94 and a 200 day moving average of GBX 53.01. The company has a market cap of £16.65 million, a P/E ratio of 26.95 and a beta of 0.60.

Manolete Partners Company Profile

Manolete Partners Plc is the UK’s leading insolvency claims financing company. Serving a growing market worth over £500 million annually, the Company has a highly experienced team with coverage across the UK and a proven track record of generating strong historic returns across over 1,300 cases financed and completed to date.

Widely recognised as the industry leader, Manolete is the only company in the insolvency litigation funding section to be ranked in Band 1 of the legal industry’s prestigious Chambers Guide five times.