Manchester United Plc. (NYSE:MANU) currently has a daily average trading volume of 283.00K but it saw 801115 shares traded in last market. With a market cap of 2.62B USD, the company’s current market price of $15.65 came falling about -4.57 while comparing to the previous closing price of $16.40. In past 52 weeks, the stock remained buoying in the range of price level as high as $22.00 and as low as $13.50. In the recent trading on the day, stock has struck highest price mark of $14.77 while lowest mark touched by it was $16.0.
Taking a look at 20-day trading activity of Manchester United Plc. (MANU) gives us an average price of $17.13, while its current price level is -28.86% below from 52-week high level whereas it is 15.93% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $16.88 while that of 200 days or SMA-200 reads an average of $17.15. A closer look into the stock’s movement over the week reveals that its volatility is standing at 3.79% during that period while stretching the period over a month that decreases to 2.97%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 29.66 which implies that the stock is in oversold territory.
Deutsche Bank upgraded its recommendation for the stock as a “Buy” from “Hold” on March 21, 2022 while assigning a price target of $18.
Over the week, MANU’s stock price is moving -8.69% down while it is -6.68% when we observe its performance for the past one month. Year-to-date it is -23.21% down and over the past year, the stock is showing a downside performance of -21.08%.
The latest quarterly earnings report issued by the company reported quarterly earnings per share (EPS) of -0.2 beaten by the consensus estimate of -0.06 for the same. The company is expected to be releasing its next quarterly report in October, for which analysts forecasted an EPS of -0.27 while estimate for next year EPS is -0.38. In next quarter, company is expected to be making quarterly sales of $245.89M as analysts are expecting the sales for current fiscal year at $918.17M and seeing the company making $977.03M in sales next year. Moreover, analysts are in estimates of $226.27M for current-quarter revenue.
Currently, Manchester United Plc.’s total number of outstanding shares is 52.85M. Company’s return on investment (ROI) stands at -11.46% and return on equity (ROE) at -56.36%. Stock’s beta reads 0.69. Stock has a price to book (P/B) ratio of 11.44 while price to sale or P/S ratio amounts to 3.04. Its return on asset (ROA) is -5.91% on average.
