Peel Hunt Reaffirms “Buy” Rating for Manolete Partners (LON:MANO)

Peel Hunt reissued their buy rating on shares of Manolete Partners (LON:MANO) in a research report released on Monday, ThisIsMoney.Co.Uk reports.

LON MANO opened at GBX 493 ($6.44) on Monday. The company has a quick ratio of 5.45, a current ratio of 5.45 and a debt-to-equity ratio of 43.32. Manolete Partners has a 12-month low of GBX 190 ($2.48) and a 12-month high of GBX 591 ($7.72). The firm has a market capitalization of $214.81 million and a P/E ratio of 51.89. The firm has a 50 day simple moving average of GBX 512.20.

The firm also recently disclosed a dividend, which will be paid on Monday, September 30th. Stockholders of record on Thursday, September 12th will be issued a GBX 1.49 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, September 12th. This represents a dividend yield of 0.3%.

Manolete Partners Company Profile

Manolete Partners Plc operates as an insolvency litigation financing company in the United Kingdom. The Company focuses on acquiring or funding insolvency and insolvency-related claims. As of September 30, 2018, it had invested in 249 insolvency cases. The company was founded in 2009 and is headquartered in London, the United Kingdom.

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