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

Manx Financial Group (LON:MFX) released its quarterly earnings data on Monday. The company reported GBX 3.09 earnings per share 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 Trading Down 0.8%

Shares of LON MFX traded down GBX 0.20 during trading hours on Monday, hitting GBX 24. The company’s stock had a trading volume of 232 shares, compared to its average volume of 69,279. Manx Financial Group has a 12 month low of GBX 20 and a 12 month high of GBX 36.90. The stock has a market cap of £29.58 million, a price-to-earnings ratio of 5.66 and a beta of 0.74. The company has a debt-to-equity ratio of 126.50, a quick ratio of 1.02 and a current ratio of 0.50. The business has a 50-day simple moving average of GBX 24.64 and a 200-day simple moving average of GBX 24.70.

Analyst Ratings Changes

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

Manx Financial Group Company Profile

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.