Manolete Partners (LON:MANO) Stock Keeps Buy Rating at Canaccord Genuity Group

Manolete Partners (LON:MANO)‘s stock had its “buy” rating reissued by stock analysts at Canaccord Genuity Group in a research report issued to clients and investors on Wednesday, Digital Look reports. They currently have a GBX 67 price objective on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 86.11% from the company’s current price.

Manolete Partners Price Performance

Shares of Manolete Partners stock traded down GBX 1 on Wednesday, reaching GBX 36. The stock had a trading volume of 29,489 shares, compared to its average volume of 71,813. The business’s 50 day moving average is GBX 39.26 and its two-hundred day moving average is GBX 42.20. The company has a market cap of £15.83 million, a P/E ratio of 14.63 and a beta of 0.59. Manolete Partners has a 1 year low of GBX 32 and a 1 year high of GBX 92. The company has a current ratio of 7.43, a quick ratio of 6.25 and a debt-to-equity ratio of 30.06.

About Manolete Partners

Manolete Partners Plc is the UK’s leading insolvency claims financing company. Serving a growing market worth over £500 million annually, the Company has a highly experienced team with coverage across the UK and a proven track record of generating strong historic returns across over 1,300 cases financed and completed to date.

Widely recognised as the industry leader, Manolete is the only company in the insolvency litigation funding section to be ranked in Band 1 of the legal industry’s prestigious Chambers Guide five times.