Manx Financial Group (LON:MFX) Issues Quarterly Earnings Results

Manx Financial Group (LON:MFX) posted its quarterly earnings data on Monday. The company reported GBX 3.09 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Manx Financial Group had a return on equity of 15.08% and a net margin of 9.73%.

Manx Financial Group Price Performance

Shares of Manx Financial Group stock traded down GBX 1.07 during trading hours on Tuesday, reaching GBX 23.43. The company’s stock had a trading volume of 103,917 shares, compared to its average volume of 69,474. The firm has a 50 day moving average price of GBX 24.64 and a 200-day moving average price of GBX 24.70. The company has a debt-to-equity ratio of 126.50, a current ratio of 0.50 and a quick ratio of 1.02. The stock has a market cap of £28.88 million, a P/E ratio of 5.53 and a beta of 0.74. Manx Financial Group has a one year low of GBX 20 and a one year high of GBX 34.

Analysts Set New Price Targets

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Manx Financial Group in a research note on Friday, September 4th.

About Manx Financial Group

Manx Financial Group PLC (MFG) is an AIM-quoted company (LSE: MFX.L) with subsidiaries offering a suite of financial services to retail and commercial customers, both in the Isle of Man and the UK. MFG’s strategy is to combine organic growth with strategic acquisition to further augment the range of services it offers and to gain greater market share in its preferred markets.