MGR Stock Summary and Trading Ideas (Affiliated Managers Group 5.875% Junior Subordinated Notes Due 2059 | NYSE:MGR)

Affiliated Managers Group 5.875% Junior Subordinated Notes Due 2059 trades on the NYSE stock market under the symbol MGR.

As of May 16, 2024, MGR stock price declined to $22.61 with 5,750 million shares trading.

MGR has a beta of 0.69, meaning it tends to be less sensitive to market movements. MGR has a correlation of 0.15 to the broad based SPY ETF.

MGR has a market cap of $0.00. This is considered a Sub-Micro Cap stock.

In the last 3 years, MGR stock traded as high as $28.52 and as low as $19.43.

MGR has underperformed the market in the last year with a price return of +1.8% while the SPY ETF gained +30.1%. MGR has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -5.1% and +1.8%, respectively, while the SPY returned +6.0% and +6.1%, respectively.

MGR support price is $22.48 and resistance is $23.02 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that MGR stock will trade within this expected range on the day.