Manchester United Plc. (MANU) Shares Decline Despite Market Challenges

Manchester United Plc. (NYSE: MANU) has experienced a decline in its stock price by -6.80 compared to its previous closing price of 16.40. However, the company has seen a fall of -10.82% in its stock price over the last five trading days. proactiveinvestors.co.uk reported 2024-09-11 that Manchester United Plc (NYSE:MANU) said it has not broken any Premier League financial fair play rules despite a fifth straight year of losses. Under the league rules, losses cannot total more than £105 million over three years to stop big teams ‘buying success’, but ManU posted a deficit of £113 million in the year to June 2024 despite record revenues of £661 million.

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

Company’s 36-month beta value is 0.69.Analysts have differing 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% ratio of that floaft. The average trading volume of MANU on September 11, 2024 was 283.00K shares.

MANU’s Market Performance

MANU’s stock has seen a -10.82% decrease for the week, with a -8.86% drop in the past month and a -10.25% fall in the past quarter. The volatility ratio for the week is 2.58%, and the volatility levels for the past 30 days are at 2.68% for Manchester United Plc. The simple moving average for the past 20 days is -10.98% for MANU’s stock, with a -10.95% 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 -9.54% 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 -30.52% of loss for the given period.

Volatility was left at 2.68%, however, over the last 30 days, the volatility rate increased by 2.58%, as shares sank -8.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -7.17% lower at present.

During the last 5 trading sessions, MANU fell by -11.61%, which changed the moving average for the period of 200-days by -20.64% in comparison to the 20-day moving average, which settled at $17.10. In addition, Manchester United Plc. saw -25.00% 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 3.75. 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

In a nutshell, Manchester United Plc. (MANU) has experienced a bad performance in recent times. The stock has received mixed “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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