Manx Financial Group (LON:MFX) Reaches New 1-Year Low – What’s Next?

Manx Financial Group PLC (LON:MFX)’s share price reached a new 52-week low on Wednesday. The stock traded as low as GBX 20 and last traded at GBX 21, with a volume of 224 shares trading hands. The stock had previously closed at GBX 20.50.

Analysts Set New Price Targets

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

Manx Financial Group Price Performance

The stock’s 50 day moving average is GBX 23.06 and its two-hundred day moving average is GBX 24.63. The company has a debt-to-equity ratio of 109.62, a current ratio of 0.05 and a quick ratio of 1.02. The stock has a market capitalization of £26.25 million, a PE ratio of 5.80 and a beta of 0.74.

Manx Financial Group (LON:MFX) last released its quarterly earnings data on Monday, September 21st. The company reported GBX 3.09 earnings per share (EPS) for the quarter. Manx Financial Group had a return on equity of 12.15% and a net margin of 7.99%.

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.