MAN GRP PLC/ADR (OTCMKTS:MNGPY) Stock Price Crosses Above 200-Day Moving Average – Here’s Why

MAN GRP PLC/ADR (OTCMKTS:MNGPY) shares passed above its 200-day moving average during trading on Friday . The stock has a 200-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 trading hands.

MAN GRP PLC/ADR Stock Up 1.4%

The company’s fifty day moving average price is $1.79 and its 200-day moving average price 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.