(Nasdaq:MANH) Manhattan Associates, Inc. Sets 52 Week High Record

Manhattan Associates, Inc. (Nasdaq:MANH)

May 3rd, 2019

Amidst rising markets Manhattan Associates, Inc. finished up $0.93 Friday, a 1.39% increase, closing at $68.04. Furthermore it hit a new 52 week high of $68.26.

MANH outperformed the rest of the Information Technology sector which went up 0.95% today.

Forecasts from 2 analysts indicates that Manhattan Associates, Inc. could drop somewhat (-2.40%), while Finbox has calculated (with medium uncertainty) a fair value price of $50.24.

Market Sectors

Friday saw an upward swing in all sectors of the market with Consumer Discretionary charging ahead with a 1.40% increase. Information Technology has seen the biggest year-to-date gain at 25.94%.

Consumer Discretionary saw the biggest turnaround from its 5-day performance of -0.79%, as it went up 1.40%.

Sector Breakdown

  • Consumer Discretionary went up with a 1.40% change.
  • Industrials went up with a 1.24% change.
  • Communication Services went up with a 1.16% change.
  • Materials went up with a 0.99% change.
  • Information Technology went up with a 0.95% change.
  • Energy went up with a 0.84% change.
  • Financials went up with a 0.83% change.
  • Healthcare went up with a 0.76% change.
  • Consumer Staples went up with a 0.74% change.
  • Real Estate went up with a 0.66% change.
  • Utilities went up with a 0.65% change.

Manhattan Associates, Inc. Info

Manhattan Associates, Inc. develops, sells, deploys, services, and maintains software solutions to manage supply chains, inventory, and omni-channel operations for retailers, wholesalers, manufacturers, logistics providers, and other organizations. The company offers Manhattan SCALE, a portfolio of logistics execution solutions that provide trading partner management, yard management, optimization, warehouse management, and transportation execution services; and Manhattan Active, a set of enterprise and store omni-channel solutions. It also provides inventory optimization and planning solutions; maintenance services comprising customer support services and software enhancements; professional services, such as solutions planning and implementation, and related consulting services; and training and change management services. In addition, the company resells computer hardware, radio frequency terminal networks, radio frequency identification chip readers, bar code printers and scanners, and other peripherals. It offers products through direct sales personnel, as well as through partnership agreements with various organizations in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company was founded in 1990 and is headquartered in Atlanta, Georgia.

All amounts in USD unless otherwise indicated

MANH daily update
MANH daily update

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