Monks (LON:MNKS) Stock Price Crosses Below 50 Day Moving Average – Here’s What Happened

Monks (LON:MNKS)’s share price crossed below its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of GBX 1,298.50 ($16.46) and traded as low as GBX 1,272 ($16.12). Monks shares last traded at GBX 1,278 ($16.20), with a volume of 605,300 shares traded.

Monks Stock Performance

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’s fifty day moving average is GBX 1,298.50 and its 200-day moving average is GBX 1,232.95. The stock has a market cap of £2.50 billion, a price-to-earnings ratio of 4.21 and a beta of 0.71.

Monks (LON:MNKS) last released its earnings results on Wednesday, December 18th. The company reported GBX 1.15 ($0.01) earnings per share (EPS) for the quarter. Monks had a return on equity of 24.08% and a net margin of 96.67%.

Monks Company Profile

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.