Manchester & London (LON:MNL) Announces Earnings Results

Posted by Tech Dows on Mar 21st, 2025

Manchester & London (LON:MNL – Get Free Report) posted its quarterly earnings results on Wednesday. The investment trust reported GBX (0.83) (($0.01)) earnings per share for the quarter, Digital Look Earnings reports. Manchester & London had a net margin of 95.89% and a return on equity of 39.92%.

Manchester & London Stock Performance

Shares of Manchester & London stock traded down GBX 12.25 ($0.16) during trading hours on Friday, reaching GBX 667.75 ($8.66). The company’s stock had a trading volume of 4,950 shares, compared to its average volume of 61,057. The company has a market capitalization of £265.92 million, a P/E ratio of 2.22 and a beta of 0.42. The stock’s fifty day simple moving average is GBX 721.84 and its two-hundred day simple moving average is GBX 708.50. Manchester & London has a one year low of GBX 572 ($7.42) and a one year high of GBX 850 ($11.02).

Manchester & London Increases Dividend

The firm also recently declared a dividend, which will be paid on Thursday, May 8th. Shareholders of record on Thursday, April 10th will be paid a dividend of GBX 14 ($0.18) per share. This represents a yield of 2.06%. The ex-dividend date is Thursday, April 10th. This is a positive change from Manchester & London’s previous dividend of $7.00. Manchester & London’s payout ratio is 4.66%.

Insider Activity

In related news, insider Daren John Morris bought 4,925 shares of the company’s stock in a transaction dated Wednesday, January 29th. The shares were bought at an average price of GBX 751 ($9.74) per share, for a total transaction of £36,986.75 ($47,960.00). Corporate insiders own 2.09% of the company’s stock.

About Manchester & London

(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.