Manning & Napier Breaks Above 200-Day Moving Average - Bullish for MN

In trading on Monday, shares of Manning & Napier Inc. ( MN) crossed above their 200 day moving average of $16.82, changing hands as high as $16.97 per share. Manning & Napier Inc. shares are currently trading up about 3.9% on the day. The chart below shows the one year performance of MN shares, versus its 200 day moving average:

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Manning & Napier Inc. 200 Day Moving Average Chart

Looking at the chart above, MN's low point in its 52 week range is $14.40 per share, with $20.45 as the 52 week high point — that compares with a last trade of $16.80.

According to the ETF Finder at ETF Channel, MN makes up 1.74% of the iShares Enhanced U.S. Small-Cap ETF ( IESM) which is trading higher by about 1.9% on the day Monday.

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