Options Traders Betting Big on Manchester United Stock – Investors Take Note!
August 9, 2023
☀️Trending News
Investors should take note of the current activity in the options market as options traders appear to be betting big on Manchester United ($NYSE:MANU) stock. According to reports, there was a notable amount of activity in the options market which suggests that traders are expecting a significant shift in the stock. This news has investors wondering what could be in store for the future of Manchester United stock and should be monitored closely. Manchester United is a professional soccer club based in Old Trafford, Greater Manchester, England.
The team’s stock is traded on the New York Stock Exchange under the symbol MANU. As such, trading activity and potential shifts can have a significant effect on Manchester United stock, making it an attractive option for investors.
Stock Price
On Monday, Manchester United stock opened at an impressive $21.6 and closed at a remarkable $23.4, soaring by 14.5% from the prior closing price of $20.5. This has led many options traders to bet big on Manchester United’s stock, predicting that it will continue to appreciate in value. Investors should take note of this phenomenon as well and consider investing in Manchester United as a potential opportunity for growth and diversification.
Beyond the surge in options trading, Manchester United has seen a steady rise in share price throughout the last few months. This could point to a trend of positive market sentiment and continued success in the future. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Manchester United. More…
| Total Revenues | Net Income | Net Margin |
| 599.52 | -96.6 | -10.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Manchester United. More…
| Operations | Investing | Financing |
| 27.63 | -140.82 | 86.28 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Manchester United. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 1.37k | 1.27k | 0.64 |
Key Ratios Snapshot
Some of the financial key ratios for Manchester United are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.4% | -18.3% | -17.8% |
| FCF Margin | ROE | ROA |
| -23.9% | -62.2% | -4.8% |
Analysis
At GoodWhale, we’ve conducted an in-depth analysis of Manchester United‘s wellbeing. Our findings revealed that the club has a high risk rating with regards to their financial and business aspects. Upon further inspection of their income sheet and balance sheet, we have identified two risk warnings that could have an impact on their operations. If you would like to know further information regarding these risk warnings, you can register with us to gain access to our exclusive research. We believe our insights will help you make more informed decisions on your investments. More…
Peers
Since its establishment in 1902, Manchester United PLC has been one of the most successful soccer clubs in the world. The English club has won 20 league titles, 12 FA Cups, five League Cups, and three European Cups. In recent years, Manchester United PLC has been competing with Futebol Clube do Porto – Futebol SAD, Bonhill Group PLC, Live Co Group PLC, and other companies for the title of most successful soccer club.
– Futebol Clube do Porto – Futebol SAD ($LTS:0MSQ)
Futebol Clube do Porto – Futebol SAD is a professional football club in Portugal. The club is based in the city of Porto and plays in the Primeira Liga, the top flight of Portuguese football. The club was founded in 1893 and has won the Primeira Liga title a record 27 times, the Taça de Portugal a record 25 times, the Taça da Liga a record 7 times, and the UEFA Champions League twice. The club has also won the UEFA Cup twice and the UEFA Super Cup once.
– Bonhill Group PLC ($LSE:BONH)
Bonhill Group PLC is a business intelligence, media, and events company. The company operates in three segments: Business Information, Events, and Media. The Business Information segment provides critical intelligence and analysis on the people, companies, and deals that shape the technology, media, and telecoms markets. The Events segment produces live events that connect and inform technology, media, and telecoms professionals. The Media segment provides news and insight on the technology, media, and telecoms markets.
– Live Co Group PLC ($LSE:LVCG)
Live Co Group PLC is a holding company that owns and operates businesses in the live entertainment industry. The company has a market cap of 6.74M as of 2022 and a Return on Equity of -28.65%. The company’s businesses include live music venues, ticketing platforms, and artist management. The company’s mission is to provide live entertainment experiences that inspire, connect, and entertain people around the world.
Summary
Recently, there has been a surge of activity in the options market for Manchester United stock. This suggests that investors are expecting a big move in the share price. On the same day, the stock price of Manchester United rose, indicating that the traders’ predictions were correct.
It is important for investors to monitor the options market and remember that buying and selling pressure can be an indicator of future price movements. Analyzing the movements in the options market, combined with other fundamental and technical analysis tools, can help investors make informed decisions when it comes to investing in Manchester United.
