Manchester United Plc (NYSE: MANU) is -19.88% lower on its value in year-to-date trading and has touched a low of $12.05 and a high of $18.42 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MANU stock was last observed hovering at around $13.80 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $13.90, the stock is 3.76% and -1.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.14 million and changing 0.72% at the moment leaves the stock -13.51% off its SMA200. MANU registered -4.27% loss for a year compared to 6-month loss of -15.86%. The firm has a 50-day simple moving average (SMA 50) of $14.1162 and a 200-day simple moving average (SMA200) of $16.0717.
The stock witnessed a 0.43% gain in the last 1 month and extending the period to 3 months gives it a -14.41%, and is 3.12% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.70% over the week and 3.14% over the month.
Profit margin for the company is -21.46%. Distance from 52-week low is 15.35% and -24.54% from its 52-week high. The company has generated returns on investments over the last 12 months (-18.87%).
with sales reaching $159.13M over the same period.The EPS is expected to shrink by -82.83% this year, but quarterly earnings will post 0.43% year-over-year. Quarterly sales are estimated to grow 16.41% in year-over-year returns.
131.0 institutions hold shares in Manchester United Plc (MANU), with institutional investors hold 73.17% of the company’s shares. The shares outstanding are 54.32M, and float is at 38.11M with Short Float at 5.92%. Institutions hold 49.37% of the Float.
The top institutional shareholder in the company is ARIEL INVESTMENTS, LLC with over 8.01 million shares valued at $129.23 million. The investor’s holdings represent 4.8287 of the MANU Shares outstanding. As of 2024-06-30, the second largest holder is LINDSELL TRAIN LTD with 7.13 million shares valued at $114.81 million to account for 4.3005 of the shares outstanding. The other top investors are COOPERMAN LEON G which holds 2.08 million shares representing 1.2546 and valued at over $33.58 million, while SENVEST MANAGEMENT, LLC holds 0.997 of the shares totaling 1.65 million with a market value of $26.68 million.
