Monks (LON:MNKS) Sets New 52-Week High - Still a Buy?

Monks (LON:MNKS - Get Free Report) hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 1,560 and last traded at GBX 1,558.97, with a volume of 557658 shares. The stock had previously closed at GBX 1,554.Monks Stock Up 0.3%The stock has a fifty day simple moving average of GBX 1,463.50 and a two-hundred day simple moving average of GBX 1,482.12. The firm has a market cap of £2.47 billion, a PE ratio of 5.55 and a beta of 0.91. The company has a current ratio of 0.68, a quick ratio of 0.22 and a debt-to-equity ratio of 6.47. About Monks (Get Free Report)The Trust aims for long-term capital growth which takes priority over income. This is pursued through applying a patient approach to investment, principally from a differentiated, actively managed global equity portfolio containing a diversified range of growth stocks – companies with above average earnings growth – which we expect to hold for around five years on average. Investments are made on an unconstrained basis. The portfolio, which includes stocks with a range of different growth profiles, will typically contain 100+ stocks from around the world and Monks should not be viewed as a proxy for any index.Further ReadingFive stocks we like better than MonksThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Monks Right Now?Before you consider Monks, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Monks wasn't on the list.While Monks currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here