Manchester United (NYSE:MANU) Stock Price Passes Above Two Hundred Day Moving Average – Time to Sell?

Manchester United plc (NYSE:MANU – Get Free Report) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $16.76 and traded as high as $17.59. Manchester United shares last traded at $17.35, with a volume of 231,142 shares. Wall Street Analysts [...]

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Manchester United plc ( NYSE:MANU – Get Free Report ) shares crossed above its two hundred day moving average during trading on Wednesday . The stock has a two hundred day moving average of $16.76 and traded as high as $17.

59. Manchester United shares last traded at $17.35, with a volume of 231,142 shares.



Wall Street Analysts Forecast Growth A number of equities research analysts have recently commented on the stock. StockNews.com raised shares of Manchester United to a “sell” rating in a report on Wednesday, December 4th.

UBS Group began coverage on Manchester United in a research note on Tuesday, December 17th. They set a “buy” rating and a $23.00 price objective for the company.

View Our Latest Report on MANU Manchester United Trading Up 0.3 % Institutional Investors Weigh In On Manchester United A number of large investors have recently bought and sold shares of the stock. XTX Topco Ltd purchased a new stake in shares of Manchester United during the second quarter worth about $364,000.

Nkcfo LLC acquired a new stake in Manchester United during the second quarter worth approximately $113,000. Gabelli Funds LLC grew its stake in Manchester United by 10.7% in the 2nd quarter.

Gabelli Funds LLC now owns 377,383 shares of the company’s stock worth $6,091,000 after acquiring an additional 36,507 shares during the period. Ariel Investments LLC raised its holdings in Manchester United by 50.9% in the 2nd quarter.

Ariel Investments LLC now owns 8,007,070 shares of the company’s stock valued at $129,234,000 after acquiring an additional 2,700,337 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC purchased a new position in shares of Manchester United during the 2nd quarter worth $686,000. Institutional investors and hedge funds own 23.

34% of the company’s stock. Manchester United Company Profile ( 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. Featured Articles Five stocks we like better than Manchester United Options Trading – Understanding Strike Price Work and Play: Investing in the Rise of Bleisure Travel Stock Splits, Do They Really Impact Investors? Top Dividend Stocks to Buy Now as Bond Yields Could Lower 3 Natural Gas Stocks That Offer Great Dividend Yields SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for Manchester United Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Manchester United and related companies with MarketBeat.com's FREE daily email newsletter .

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