MAN GRP PLC/ADR (OTCMKTS:MNGPY) Stock Crosses Above 200 Day Moving Average – Should You Sell?

MAN GRP PLC/ADR (OTCMKTS:MNGPY) crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $1.79 and traded as high as $1.79. MAN GRP PLC/ADR shares last traded at $1.79, with a volume of 800 shares changing hands.

MAN GRP PLC/ADR Stock Up 1.4%

The firm’s 50 day simple moving average is $1.79 and its 200 day simple moving average is $1.79.

About MAN GRP PLC/ADR

MAN Group PLC/ADR (OTCMKTS:MNGPY) is a global alternative investment management firm specializing in the design, implementation and delivery of quantitative and discretionary investment strategies. The company offers a diverse range of products across liquid and private markets, serving institutional investors, private wealth clients and intermediaries. Its flexible investment approach seeks to deliver performance through multiple market environments by combining systematic research, data analytics and experienced portfolio management teams.

Key components of MAN Group’s business include its quantitative investment arm, which employs algorithmic and data-driven models to capture market opportunities across asset classes, and its discretionary investment arm, which leverages fundamental research and sector expertise.