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

Manx Financial Group (LON:MFX) released 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 Trading Down 0.8%

Shares of MFX traded down GBX 0.20 during mid-day trading on Monday, reaching GBX 24. 232 shares of the company were exchanged, compared to its average volume of 69,279. Manx Financial Group has a 52 week low of GBX 20 and a 52 week high of GBX 36.90. 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 stock has a market capitalization of £29.58 million, a PE ratio of 5.66 and a beta of 0.74. The business has a 50 day simple moving average of GBX 24.68 and a two-hundred day simple moving average of GBX 24.70.

Wall Street Analyst Weigh In

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