ManpowerGroup (NYSE:MAN) shares, rose in value on Friday, May 09, with the stock price down by -0.05% to the previous day’s close as strong demand from buyers drove the stock to $41.39.
Actively observing the price movement in the last trading, the stock closed the session at $41.41. The PE ratio was 17.95 over 12-month period. Referring to stock’s 52-week performance, its high was $78.87, and the low was $38.10. On the whole, MAN has fluctuated by -21.71% over the past month.
With the market capitalization of ManpowerGroup currently standing at about $1.92 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 3.08, with its dividend yield at 7.44%.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MAN’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 1.77, with the price of MAN currently trading nearly -4.61% and -20.30% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 38.86, while the 7-day volatility ratio is showing 4.50% which for the 30-day chart, stands at 4.57%. Furthermore, ManpowerGroup (MAN)’s beta value is 1.09, and its average true range (ATR) is 2.18.
A comparison of ManpowerGroup (MAN) with its peers suggests the former has fared considerably weaker in the market. MAN showed an intraday change of -0.05% in last session, and over the past year, it shrunk by -46.27%%.
Data on historical trading for ManpowerGroup (NYSE:MAN) indicates that the trading volumes over the past 3 months, they’ve averaged 974.03K. According to company’s latest data on outstanding shares, there are 46.51 million shares outstanding.
Nearly 1.65% of ManpowerGroup’s shares belong to company insiders and institutional investors own 105.26% of the company’s shares. The stock has fallen by -28.29% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MAN stock heading into the next quarter.
