Man Group (OTCMKTS:MNGPF) Stock Price Up 0.6% – Should You Buy?

Man Group Plc (OTCMKTS:MNGPF)’s stock price traded up 0.6% on Wednesday . The company traded as high as $2.74 and last traded at $2.65. 10,353 shares traded hands during mid-day trading, an increase of 350% from the average session volume of 2,299 shares. The stock had previously closed at $2.64.

Analyst Upgrades and Downgrades

MNGPF has been the topic of several recent research reports. Canaccord Genuity Group upgraded shares of Man Group from a “sell” rating to a “buy” rating in a report on Wednesday, December 11th. Canaccord Genuity Group upgraded shares of Man Group from a “sell” rating to a “buy” rating in a research note on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft raised shares of Man Group from a “hold” rating to a “buy” rating in a report on Wednesday, October 2nd. Finally, UBS Group lowered Man Group from a “buy” rating to a “neutral” rating in a report on Wednesday, October 23rd.

Man Group Stock Up 0.6 %

The stock’s fifty day simple moving average is $2.62 and its 200 day simple moving average is $2.78.

Man Group Company Profile

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.