Manchester United Plc. (MANU) Shares Plummet Below 1-Year High

The stock price of Manchester United Plc. (NYSE: MANU) has dropped by -1.32 compared to previous close of 17.46. Despite this, the company has seen a fall of -0.63% in its stock price over the last five trading days. businesswire.com reported 2024-08-30 that DUBLIN–(BUSINESS WIRE)–Former Manchester United and Ireland star John O’Shea invests in GoChallenge.

Is It Worth Investing in Manchester United Plc. (NYSE: MANU) Right Now?

Moreover, the 36-month beta value for MANU is 0.68. Analysts have varying opinions on the stock, with 3 analysts rating it as a “buy,” 1 as “overweight,” 1 as “hold,” and 0 as “sell.”

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The public float for MANU is 38.01M and currently, short sellers hold a 4.86% of that float. On September 02, 2024, MANU’s average trading volume was 312.98K shares.

MANU’s Market Performance

The stock of Manchester United Plc. (MANU) has seen a -0.63% decrease in the past week, with a 2.62% rise in the past month, and a 2.07% gain in the past quarter. The volatility ratio for the week is 3.19%, and the volatility levels for the past 30 days are at 2.71% for MANU. The simple moving average for the past 20 days is 0.49% for MANU’s stock, with a -0.03% simple moving average for the past 200 days.

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 2.57% 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 -27.45% of loss for the given period.

Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 3.19%, as shares surge +3.92% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +6.95% upper at present.

During the last 5 trading sessions, MANU fell by -0.63%, which changed the moving average for the period of 200-days by -3.90% in comparison to the 20-day moving average, which settled at $17.18. In addition, Manchester United Plc. saw -15.46% 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:

  • -0.05 for the present operating margin
  • 0.89 for the gross margin

The net margin for Manchester United Plc. stands at -0.12. The total capital return value is set at -0.04. Equity return is now at value -56.36, with -5.91 for asset returns.

Based on Manchester United Plc. (MANU), the company’s capital structure generated 0.78 points at debt to capital in total, while cash flow to debt ratio is standing at 0.1. The debt to equity ratio resting at 3.62. The interest coverage ratio of the stock is -0.46.

Currently, EBITDA for the company is 157.9 million with net debt to EBITDA at 4.09. When we switch over and look at the enterprise to sales, we see a ratio of 4.06. The receivables turnover for the company is 7.35for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.38.

Conclusion

To wrap up, the performance of Manchester United Plc. (MANU) has been mixed in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. 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.

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