Manchester & London Investment Trust (LON:MNL) Share Price Crosses Below 50 Day Moving Average of $385.65

Shares of Manchester & London Investment Trust plc (LON:MNLGet Rating) passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of GBX 385.65 ($4.66) and traded as low as GBX 338 ($4.08). Manchester & London Investment Trust shares last traded at GBX 338 ($4.08), with a volume of 13,273 shares changing hands.

Manchester & London Investment Trust Stock Up 5.2 %

The business has a fifty day simple moving average of GBX 385.65 and a two-hundred day simple moving average of GBX 391.22. The company has a market cap of £143.14 million and a P/E ratio of -71.91.

About Manchester & London Investment Trust

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Manchester & London Investment Trust plc is a close-ended fund launched and managed by M&L Capital Management Limited. The fund primarily invests in the public equity markets of the United Kingdom. It makes its investments across diversified sectors. The fund primarily invests in growth stocks of companies by employing a fundamental analysis.

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