Man Group Plc (LON:EMG - Get Free Report) dropped 0.7% during mid-day trading on Friday . The stock traded as low as GBX 205.80 ($2.62) and last traded at GBX 207.40 ($2.64). Approximately 1,179,253 shares were traded during trading, a decline of 74% from the average daily volume of 4,529,010 shares. The stock had previously closed at GBX 208.80 ($2.66).
Analyst Upgrades and Downgrades
Separately, Deutsche Bank Aktiengesellschaft reiterated a "hold" rating and issued a GBX 280 ($3.57) target price on shares of Man Group in a report on Tuesday, September 3rd.
View Our Latest Stock Report on Man Group
Man Group Price Performance
The stock has a market capitalization of £2.39 billion, a price-to-earnings ratio of 1,037.00, a price-to-earnings-growth ratio of -1.15 and a beta of 0.71. The company has a current ratio of 3.23, a quick ratio of 1.58 and a debt-to-equity ratio of 29.95. The stock has a 50-day simple moving average of GBX 207.75 and a 200 day simple moving average of GBX 227.05.
Insider Buying and Selling at Man Group
In other Man Group news, insider Antoine Forterre sold 49,158 shares of Man Group stock in a transaction that occurred on Thursday, September 12th. The shares were sold at an average price of GBX 212 ($2.70), for a total value of £104,214.96 ($132,859.46). Company insiders own 0.95% of the company's stock.
About Man Group
(
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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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