The stock of Manchester United Plc. (MANU) has gone up by 2.35% for the week, with a 9.17% rise in the past month and a -26.81% drop in the past quarter. The volatility ratio for the week is 2.21%, and the volatility levels for the past 30 days are 2.41% for MANU. The simple moving average for the last 20 days is 4.77% for MANU’s stock, with a simple moving average of -21.18% for the last 200 days.
Is It Worth Investing in Manchester United Plc. (NYSE: MANU) Right Now?
MANU has 36-month beta value of 0.71. Analysts have mixed views on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”
The public float for MANU is 38.01M, and currently, short sellers hold a 5.03% ratio of that float. The average trading volume of MANU on April 19, 2024 was 1.54M shares.
MANU) stock’s latest price update
The stock price of Manchester United Plc. (NYSE: MANU) has jumped by 1.18 compared to previous close of 14.88. Despite this, the company has seen a gain of 2.35% in its stock price over the last five trading days. Zacks Investment Research reported 2024-03-20 that Manchester United (MANU) has become technically an oversold stock now, which implies exhaustion of the heavy selling pressure on it. This, combined with strong agreement among Wall Street analysts in revising earnings estimates higher, indicates a potential trend reversal for the stock in the near term.
Analysts’ Opinion of MANU
Deutsche Bank, on the other hand, stated in their research note that they expect to see MANU reach a price target of $18. The rating they have provided for MANU stocks is “Buy” according to the report published on March 21st, 2022.
MANU Trading at -3.03% from the 50-Day Moving Average
After a stumble in the market that brought MANU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -43.49% of loss for the given period.
Volatility was left at 2.41%, however, over the last 30 days, the volatility rate increased by 2.21%, as shares surge +9.18% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -29.82% lower at present.
During the last 5 trading sessions, MANU rose by +1.90%, which changed the moving average for the period of 200-days by -38.72% in comparison to the 20-day moving average, which settled at $14.43. In addition, Manchester United Plc. saw -26.13% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for MANU
Current profitability levels for the company are sitting at:
- -0.01 for the present operating margin
- 1.0 for the gross margin
The net margin for Manchester United Plc. stands at -0.04. The total capital return value is set at -0.01. Equity return is now at value -13.93, with -0.99 for asset returns.
Based on Manchester United Plc. (MANU), the company’s capital structure generated 0.91 points at debt to capital in total, while cash flow to debt ratio is standing at 0.17. The debt to equity ratio resting at 10.31. The interest coverage ratio of the stock is -0.09.
Currently, EBITDA for the company is 157.9 million with net debt to EBITDA at 4.19. When we switch over and look at the enterprise to sales, we see a ratio of 4.1. The receivables turnover for the company is 7.53for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.37.
Conclusion
To put it simply, Manchester United Plc. (MANU) has had a mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
