ManpowerGroup (MAN) Shares are Up 3.55%

ManpowerGroup (MAN) : Traders are bullish on ManpowerGroup (MAN) as it has outperformed the S&P 500 by a wide margin of 0.4% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 3.38%, relative to the S&P 500. The stock has risen by 3.55% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.14% in the past 4 weeks.

The stock has recorded a 20-day Moving Average of 3.37% and the 50-Day Moving Average is 3.39%.The 200 Day SMA reached 3%


ManpowerGroup (NYSE:MAN): After opening at $71.12, the stock dipped to an intraday low of $70.58 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $72.53 and the buying power remained strong till the end. The stock closed at $72.26 for the day, a gain of 2.54% for the day session. The total traded volume was 821,384. The stocks close on the previous trading day was $72.26.

ManpowerGroup (MAN) has been rated by 9 research analysts. Fundamentally, the highest shorterm price forecast for the stock is expected to reach $102 and the lowest price target forecast is $65. The average forecast of all the analysts is $78.89 and the expected standard deviation is $12.32.

ManpowerGroup Inc. is a Germany-based provider of workforce solutions and services. Its services include recruitment and assessment, career management, outsourcing, workforce consulting, and training and development, including training courses and leadership development solutions. The Company provides clients with outsourcing services related to human resources functions primarily in the areas of recruiting and workforce-intensive initiatives. It operates through various brands, including Manpower, Experis, Right Management, and ManpowerGroup Solutions, and is divided into five segments: Americas, Southern Europe, Northern Europe, Asia Pacific Middle East (APME), and Right Management. The Right Management segment focuses on outplacement services, career management consulting, leadership development and cooperates with students and universities.

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