Monks (LON:MNKS) Reaches New 1-Year High – Should You Buy?

Monks (LON:MNKS) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 1,664 and last traded at GBX 1,648, with a volume of 1568866 shares changing hands. The stock had previously closed at GBX 1,650.36.

Monks Stock Performance

The company has a debt-to-equity ratio of 6.47, a quick ratio of 0.21 and a current ratio of 0.68. The company has a market cap of £2.51 billion, a price-to-earnings ratio of 5.70 and a beta of 0.94. The company has a fifty day moving average of GBX 1,581.61 and a two-hundred day moving average of GBX 1,514.46.

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.