Manchester United Ltd. (NYSE:MANU - Get Free Report)'s share price hit a new 52-week high on Monday . The company traded as high as $18.43 and last traded at $18.46, with a volume of 164503 shares. The stock had previously closed at $17.37.
Wall Street Analyst Weigh In
Separately, Wall Street Zen upgraded Manchester United from a "sell" rating to a "hold" rating in a research report on Saturday, May 31st.
Read Our Latest Analysis on Manchester United
Manchester United Trading Down 1.1%
The company has a current ratio of 0.39, a quick ratio of 0.37 and a debt-to-equity ratio of 2.54. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of -37.17 and a beta of 0.59. The firm has a 50-day moving average of $15.09 and a 200 day moving average of $15.19.
Manchester United (NYSE:MANU - Get Free Report) last posted its earnings results on Friday, June 6th. The company reported ($0.04) EPS for the quarter, beating the consensus estimate of ($0.33) by $0.29. Manchester United had a negative return on equity of 22.40% and a negative net margin of 10.09%. The firm had revenue of $203.10 million for the quarter, compared to analysts' expectations of $159.13 million. During the same period last year, the firm earned ($0.24) EPS. As a group, equities analysts predict that Manchester United Ltd. will post -0.74 EPS for the current fiscal year.
Institutional Trading of Manchester United
Several large investors have recently added to or reduced their stakes in MANU. EverSource Wealth Advisors LLC boosted its stake in Manchester United by 129.0% during the 4th quarter. EverSource Wealth Advisors LLC now owns 2,109 shares of the company's stock valued at $37,000 after purchasing an additional 1,188 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in Manchester United by 55.2% during the 4th quarter. Tower Research Capital LLC TRC now owns 2,131 shares of the company's stock valued at $37,000 after purchasing an additional 758 shares in the last quarter. Quantbot Technologies LP bought a new position in Manchester United during the 4th quarter valued at $156,000. National Bank of Canada FI boosted its stake in Manchester United by 213.1% during the 4th quarter. National Bank of Canada FI now owns 9,686 shares of the company's stock valued at $168,000 after purchasing an additional 6,592 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new position in Manchester United during the 4th quarter valued at $177,000. 23.34% of the stock is currently owned by institutional investors and hedge funds.
About Manchester United
(
Get Free Report)
Manchester United plc, together with its subsidiaries, owns and operates a professional sports team in the United Kingdom. It operates Manchester United Football Club, a professional football club. The company develops marketing and sponsorship relationships with international and regional companies to leverage its brand.
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