Is it Time to Dump Manchester United PLC (MANU) Stock After it Is Higher By 12.79% in a Week?

Manchester United PLC (MANU) stock is higher by 12.79% over the past week and gets a Bullish rating from InvestorsObserver Sentiment Indicator.

Manchester United PLC has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MANU!

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What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With MANU Stock Today?

Manchester United PLC (MANU) stock is higher by 1.32% while the S&P 500 is down -0.02% as of 9:33 AM on Thursday, Aug 18. MANU is up $0.18 from the previous closing price of $13.67 on volume of 62,787 shares. Over the past year the S&P 500 is down -3.94% while MANU is down -17.80%. MANU lost -$1.14 per share in the over the last 12 months. To screen for more stocks like Manchester United PLC click here.

More About Manchester United PLC

Manchester United PLC operates a professional football club together with related and ancillary activities. The company manages the soccer team and all affiliated club activities of the Manchester United Football Club, which includes the media network, foundation, fan zone, news, and sports features, and team merchandise. Manchester United is based in England. The company has three principal sectors from which the majority of the revenue is generated including Commercial, Broadcasting, and Matchday. Click Here to get the full Stock Report for Manchester United PLC stock.