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Manhattan Associates, Inc. (NASDAQ:MANH) has been downgraded to Hold in a report by Benchmark Co. today.

Benchmark Co. has downgraded Manhattan Associates, Inc. (NASDAQ:MANH) to Hold in a statement released on 04/21/2017.

Yesterday Manhattan Associates, Inc. (NASDAQ:MANH) traded -5.36% lower at $47.57. The company’s 50-day moving average is $49.99 and its 200-day moving average is $51.67. The last stock close price is down -7.36% from the 200-day moving average, compared to the S&P 500 which has increased 0.03% over the date range. Volume of trade was up over the average, with 1,071,830 shares of MANH changing hands over the typical 622,940

Performance Chart

Manhattan Associates, Inc. (NASDAQ:MANH)

With a total market value of $0, Manhattan Associates, Inc. has price-earnings ratio of 27.83 with a one year low of $46.11 and a one year high of $68.53 .

Brief Synopsis About Manhattan Associates, Inc. (NASDAQ:MANH)

Manhattan Associates, Inc. (Manhattan) is a developer and provider of supply chain commerce solutions. The Company operates through three geographical segments: the Americas, Europe, Middle East and Africa (EMEA), and the Asia Pacific (APAC). It 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. Its solutions consist of software, services and hardware, which coordinate people, workflows, assets, events and tasks across the functions linked in a supply chain from planning through execution. Its supply chain solutions consist of three components: Distribution Management, Transportation Management and Visibility. Its Omni-Channel Solutions include Omni-Channel Central Solutions and Omni-Channel Local Solutions. Its Inventory solutions include Inventory Optimization and Planning.

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