Medley Management Inc. [NYSE:MDLY] shares are showing some interesting activity. The company’s daily low is at $0.5902 as the high is reaching $0.629.
If readers are not familiar, Medley Management Inc. is in the Financial sector under the Asset Management industry. This week, we are watching the stock hit price per sales of 0.53 with an earning per share of -0.87.
As a reference point, the S&P 500 is trading 1.11% over the last 52 weeks, while MDLY stock is trading -83.00%.
The Price is right
Holding a Market Cap of $20.50 million, Medley Management Inc. has seen a trading range over the last year of $0.28-$3.65.
For the last five days, MDLY is down from its last closing price. The average shares trading hands each day is 938.86K, with average 10-day volume coming in at 0.23 million.
Using a Force Index Indicator is a good way to look at how strong actual buying and selling pressure is for MDLY. When we apply the Elder Force Index to Medley Management Inc., we are seeing an Elder Force Indicator number of 61377075.12.
Recent Performance
The company’s enterprise value has gone from $154.96M to $147.78M quarter-over-quarter. Obviously, the company is heading in the wrong direction, but there are still opportunities for growth in the sector.
In the last quarter, MDLY made a profit of -1.45 million. Medley Management Inc. also saw quarter revenue growth year over year of -13.40%. In addition, the company has operating cash flow of $2.47 million.
Technical Analysis
Looking at popular technical indicators, the company’s 5-day moving average is 0.9370 compared to the 50-day moving average of 0.6625. So, we are clearly seeing an upward trajectory here.
The Relative Strength Index or RSI is an indicator ranging between 0 and 100 that traders use to determine if a stock is “overbought” or “oversold.” A strong uptrend tending to reach into the “overbought” status is above 70, while a downward trend will stay around the 30 mark. MDLY currently holds a 9-day RSI of 95.05%, while 100-day RSI stands at 58.18%.
Another indicator we believe is worth keeping tabs on is the Moving Average Convergence Divergence or MACD. Similar to the concept of the Force Index — on the basis of price momentum — the MACD gives traders a tool to measure the turning point of a stock even during rapid fluctuations in price. Buy and sell signals are determined by a stock’s relation to the zero line, so if a stock is above a zero line for many weeks it might be a “buy.” On the other hand, if a stock is below the zero line consistently, it might be one to stay away from. Also, if the MACD line reaches a peak and dips, its momentum may be waning. MDLY’s 9-day MACD is 0.3948 and the company’s 100-day MACD stands at 0.4712.
Inside Moves
Another area that is important to analyze is insider moves and majority shareholders. While this is not always an error-free way to tell what the future holds for a stock, you can maybe gather important information from reading the tea leaves about who is buying and selling.
The major holders for this stock are 6.04% by insiders and 39.72% by institutions. Regarding institutional holdings, American Financial Group Inc. owns 9.00%, while the second top holder, Renaissance Technologies, LLC, currently owns 2.65%.
Conclusion
Overall, the recommended rating for MDLY is Hold. Currently, the company has 0 analysts watching the stock, and the average quarterly earnings estimate is 0. Quarterly revenue estimates are averaging 8.31M with the high estimate reaching 8.31M and the low at 8.31M.
