Man Group Plc (LON:EMG - Get Free Report)'s stock price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as GBX 202.80 ($2.63) and last traded at GBX 203.20 ($2.64), with a volume of 793663 shares. The stock had previously closed at GBX 204.60 ($2.65).
Wall Street Analyst Weigh In
A number of brokerages have commented on EMG. JPMorgan Chase & Co. restated an "overweight" rating and set a GBX 299 ($3.88) price target on shares of Man Group in a research note on Thursday, August 1st. Morgan Stanley raised their target price on Man Group from GBX 322 ($4.18) to GBX 324 ($4.20) and gave the stock an "equal weight" rating in a research report on Thursday, July 18th. Finally, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 280 ($3.63) price target on shares of Man Group in a research report on Tuesday, September 3rd.
Read Our Latest Stock Analysis on EMG
Man Group Trading Down 2.8 %
The company's fifty day moving average price is GBX 214.74 and its two-hundred day moving average price is GBX 237.38. The company has a quick ratio of 1.58, a current ratio of 3.23 and a debt-to-equity ratio of 29.95. The company has a market cap of £2.29 billion, a price-to-earnings ratio of 1,009.62, a price-to-earnings-growth ratio of -1.15 and a beta of 0.71.
Insider Activity at Man Group
In other news, insider Antoine Forterre sold 49,158 shares of the firm's stock in a transaction on Thursday, September 12th. The stock was sold at an average price of GBX 212 ($2.75), for a total value of £104,214.96 ($135,151.03). In other news, insider Anne Wade acquired 12,000 shares of Man Group stock in a transaction on Friday, August 2nd. The shares were purchased at an average price of GBX 234 ($3.03) per share, with a total value of £28,080 ($36,415.51). Also, insider Antoine Forterre sold 49,158 shares of Man Group stock in a transaction on Thursday, September 12th. The shares were sold at an average price of GBX 212 ($2.75), for a total value of £104,214.96 ($135,151.03). Insiders own 0.95% of the company's stock.
Man Group Company Profile
(
Get Free Report)
Man Group Limited is a publicly owned investment manager. The firm provides long-only and alternative investment management services worldwide. It offers a range of liquid investment products and solutions, which include quantitative, multi-manager and discretionary investment styles, and span across various asset classes, like equity, real estate, currency, credit, volatility, and commodities.
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