Manchester & London (LON:MNL) Share Price Passes Above Fifty Day Moving Average – Should You Sell?

Posted by Jared Coughlin on Feb 15th, 2025

Manchester & London (LON:MNL – Get Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of GBX 743.35 ($9.36) and traded as high as GBX 758 ($9.54). Manchester & London shares last traded at GBX 753.65 ($9.49), with a volume of 16,677 shares traded.

Manchester & London Trading Down 0.8 %

The business has a 50 day moving average of GBX 743.35 and a 200-day moving average of GBX 707.95. The stock has a market cap of £300.13 million, a PE ratio of 2.51 and a beta of 0.42.

Insider Buying and Selling

In related news, insider Daren John Morris bought 4,925 shares of the stock in a transaction on Wednesday, January 29th. The shares were bought at an average cost of GBX 751 ($9.45) per share, for a total transaction of £36,986.75 ($46,553.49). 2.09% of the stock is currently owned by company insiders.

Manchester & London Company Profile

(Get Free Report)

Manchester & London Investment Trust is managed by M & L Capital Management Limited, an Alternative Investment Fund Management Firm specialising in Intellectual Property rich, fast growth, Global Equities.

Our central investment thesis is that we believe in the increasing economic power of the Machine in the two century long battle for supremacy between Man & Machine.