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Manning & Napier (MN) in Focus: Stock Moves 5.2% Higher

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Manning & Napier, Inc. was a big mover last session, as its shares rose a little over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.85 to $8.00 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days while the Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Manning & Napier currently carries a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

A better-ranked stock in the financial-investment management space is Virtus Investment Partners, Inc. (VRTS - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here..

Is MN going up? Or down? Predict to see what others think: Up or Down
 

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