Manx Financial Group (LON:MFX) Shares Down 8.2% – Here’s Why

Manx Financial Group PLC (LON:MFXGet Free Report)’s share price traded down 8.2% during trading on Friday . The stock traded as low as GBX 23.88 and last traded at GBX 23.88. 177,631 shares changed hands during trading, an increase of 121% from the average session volume of 80,243 shares. The stock had previously closed at GBX 26.

Manx Financial Group Price Performance

The company has a debt-to-equity ratio of 111.71, a current ratio of 2.30 and a quick ratio of 1.02. The stock has a fifty day simple moving average of GBX 27.11 and a 200-day simple moving average of GBX 28.90. The company has a market capitalization of £28.52 million, a price-to-earnings ratio of 3.72 and a beta of 0.62.

About Manx Financial Group

(Get Free Report)

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.

Recommended Stories

Receive News & Ratings for Manx Financial Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manx Financial Group and related companies with MarketBeat.com's FREE daily email newsletter.