The Monks Investment Trust (LON:MNKS) Stock Price Crosses Below 50-Day Moving Average of $1,003.14

The Monks Investment Trust PLC (LON:MNKSGet Rating)’s share price passed below its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of GBX 1,003.14 ($12.23) and traded as low as GBX 933 ($11.37). The Monks Investment Trust shares last traded at GBX 952 ($11.60), with a volume of 487,584 shares traded.

The Monks Investment Trust Trading Up 1.5 %

The stock has a 50 day moving average of GBX 1,003.14 and a 200 day moving average of GBX 992.26. The company has a debt-to-equity ratio of 9.69, a current ratio of 0.22 and a quick ratio of 0.22. The firm has a market cap of £2.22 billion, a P/E ratio of -233.33 and a beta of 0.76.

Insiders Place Their Bets

In related news, insider Karl Sternberg bought 1,000 shares of the firm’s stock in a transaction on Friday, January 13th. The stock was acquired at an average cost of GBX 996 ($12.14) per share, for a total transaction of £9,960 ($12,138.94). 2.08% of the stock is currently owned by company insiders.

The Monks Investment Trust Company Profile

(Get Rating)

The Monks Investment Trust PLC is a closed-ended equity mutual fund launched and managed by Baillie Gifford & Co Ltd. It is co-managed by Baillie Gifford & Co The fund invests in public equity markets across the globe. It seeks to invest in stocks of companies operating across diversified sectors.

Further Reading

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