Manx Financial Group (LON:MFX) Announces Earnings Results

Manx Financial Group (LON:MFX) announced its earnings results 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 Stock Down 4.4%

Shares of LON MFX traded down GBX 1.07 during mid-day trading on Tuesday, reaching GBX 23.43. 103,917 shares of the company’s stock were exchanged, compared to its average volume of 69,474. The company has a current ratio of 0.50, a quick ratio of 1.02 and a debt-to-equity ratio of 126.50. The business has a fifty day simple moving average of GBX 24.64 and a 200 day simple moving average of GBX 24.70. Manx Financial Group has a twelve month low of GBX 20 and a twelve month high of GBX 34. The firm has a market capitalization of £28.88 million, a price-to-earnings ratio of 5.53 and a beta of 0.74.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group reiterated a “house stock” rating on shares of Manx Financial Group in a report 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.