Manchester & London Investment Trust plc (LON:MNL) Insider Acquires £59,602.40 in Stock

Manchester & London Investment Trust plc (LON:MNL) insider Daniel Wright acquired 11,462 shares of the firm’s stock in a transaction on Thursday, July 18th. The shares were bought at an average cost of GBX 520 ($6.79) per share, for a total transaction of £59,602.40 ($77,881.09).

Shares of LON MNL opened at GBX 525 ($6.86) on Monday. The company has a market cap of $154.16 million and a price-to-earnings ratio of 31.63. Manchester & London Investment Trust plc has a 1 year low of GBX 4.46 ($0.06) and a 1 year high of GBX 537.86 ($7.03). The company has a 50-day simple moving average of GBX 513.91.

Manchester & London Investment Trust Company Profile

Manchester and London Investment Trust plc is a United Kingdom-based investment company. The investment objective of the Company is to achieve capital appreciation together with a reasonable level of income. The Company seeks to invest in companies whose shares are admitted to trading on a regulated market.

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