Monday, February 05, 2007

City Share Price Movements (Week Ending 2.2.07)

This is the weekly article charting Manchester City Plc's share price movements during the last week. The price doesn't usually move very much and not many shares are usually traded, so you can pick up here at the end of each week our summary of the week gone by.

Looking at last week, there is not much to say. Still no update on the talks that may lead to a takeover or investment and still no real interest in the shares.

The big news happened today (5 February), only 3,500 shares traded (sold) and the shares fell 3p (or just over 10%). More of that in next week's report.

Last week:-
Finishing price (mid): 28.5p
Bid price: 26p
Offer price: 31p

Share price movement for the week:-

29/1 600
30/1 0
31/1 1,100
01/2 0
02/2 200

Total volume for the week: 1,900

All information taken from Plus Markets Group


At 11:27 pm, Anonymous Anonymous said...

what does this mean about the club then? elaborate!

At 12:22 am, Blogger Ronan said...

I'm surprised at how low the volume of share trading is.

I suppose the movement in the price with such low volume just means that the price is largely irrelevant.


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