Manchester & London (LON:MNL) Insider Daren John Morris Purchases 4,000 Shares

Manchester & London (LON:MNL) insider Daren John Morris acquired 4,000 shares of Manchester & London stock in a transaction dated Thursday, July 25th. The stock was purchased at an average price of GBX 696 ($9.00) per share, with a total value of £27,840 ($36,006.21).

Manchester & London Trading Up 2.1 %

LON:MNL traded up GBX 14 ($0.18) during trading hours on Thursday, hitting GBX 694 ($8.98). 171,297 shares of the company traded hands, compared to its average volume of 68,076. The stock has a market capitalization of £278.92 million, a price-to-earnings ratio of 264.28 and a beta of 0.45. Manchester & London has a twelve month low of GBX 409 ($5.29) and a twelve month high of GBX 850 ($10.99). The firm has a 50-day moving average of GBX 748.03 and a 200 day moving average of GBX 664.56.

Manchester & London Announces Dividend

The business also recently announced a dividend, which will be paid on Thursday, August 1st. Investors of record on Thursday, July 4th will be paid a dividend of GBX 7 ($0.09) per share. This represents a yield of 1.03%. The ex-dividend date of this dividend is Thursday, July 4th. Manchester & London’s payout ratio is currently 540.54%.

Manchester & London Company Profile

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.