Manhattan Associates (MANH) : During the past 4 weeks, traders have been relatively bearish on Manhattan Associates (MANH), hence the stock is down -6.15% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -0.34% relative to the S&P 500. The 4-week change in the price of the stock is -6.66% and the stock has fallen -0.17% in the past 1 week.
The stock has recorded a 20-day Moving Average of 2.63% and the 50-Day Moving Average is 2.74%.The 200 Day SMA reached 4.1%
Manhattan Associates (NASDAQ:MANH): The stock opened in the green at $58.63 on Friday, but the bulls found it difficult to push the prices higher. The stock reached a high of $58.63 and a low of $57.57 for the day. The stock did not find buyers even at the lows and closed at $57.62 recording a loss of -1.32%. 830,060 shares exchanged hands during the trading day. The stock had closed at $57.62 in the previous days trading.
Manhattan Associates, Inc. (Manhattan) is a developer and provider of supply chain commerce solutions. The Company is engaged in developing, selling, deploying, servicing and maintaining software solutions designed to manage supply chains, inventory and Omni-channel operations for retailers, wholesalers, manufacturers, logistics providers and other organizations. The Companys solutions consist of software, services, and hardware, which coordinate people, workflows, assets, events, and tasks across the functions linked in a supply chain. It offers its solutions in three areas: supply chain, Omni-channel and inventory. Its solutions enable coordinating the actions, data exchange, and communication of participants in supply chain ecosystems, such as manufacturers, suppliers, distributors, trading partners, transportation providers, channels (such as catalogers, store retailers, and Web outlets), and consumers. It has operations in North America, Europe, and the Asia/Pacific region.