Manchester United Plc (NYSE: MANU) is 7.23% higher on its value in year-to-date trading and has touched a low of $12.05 and a high of $19.65 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MANU stock was last observed hovering at around $17.45 in the last trading session, with the day’s gains setting it 0.05%.
Currently trading at $17.5, the stock is 0.57% and 13.66% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.16 million and changing 0.29% at the moment leaves the stock 11.61% off its SMA200. MANU registered 0.86% gain for a year compared to 6-month loss of 1.16%. The firm has a 50-day simple moving average (SMA 50) of $15.3972 and a 200-day simple moving average (SMA200) of $15.6794.
The stock witnessed a 23.33% gain in the last 1 month and extending the period to 3 months gives it a 32.88%, and is -3.95% down 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 3.59% over the week and 4.44% over the month.
Profit margin for the company is -10.10%. Distance from 52-week low is 45.23% and -10.94% from its 52-week high. The company has generated returns on investments over the last 12 months (-9.11%).
The EPS is expected to grow by 35.47% this year
120.0 institutions hold shares in Manchester United Plc (MANU), with institutional investors hold 71.58% of the company’s shares. The shares outstanding are 54.32M, and float is at 37.62M with Short Float at 6.04%. Institutions hold 48.71% 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.
