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

Zacks Investment Research has downgraded Manhattan Associates, Inc. (NASDAQ:MANH) to Hold in a report released on 06/21/2017.

Yesterday Manhattan Associates, Inc. (NASDAQ:MANH) traded -0.44% lower at $46.70. The company’s 50-day moving average is $42.86 and its 200-day moving average is $46.71. The last stock close price is down -9.58% from the 200-day moving average, compared to the S&P 500 which has increased 0.04% over the same time. 2,407 shares of the stock were exchanged, down from an average trading volume of 642,498

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Manhattan Associates, Inc. (NASDAQ:MANH)

Manhattan Associates, Inc. has a 52 week low of $40.83 and a 52 week high of $59.76 with a P/E ratio of 24.40 The company’s market cap is currently $0.

General Information 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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