Medley Management (MDLY) Reaches New 52-Week High and Low at $5.45

Medley Management Inc (NYSE:MDLY)’s share price reached a new 52-week high and low during trading on Thursday . The company traded as low as $5.45 and last traded at $5.50, with a volume of 6847 shares. The stock had previously closed at $5.50.

MDLY has been the subject of a number of research reports. ValuEngine cut shares of Medley Management from a “buy” rating to a “hold” rating in a research note on Friday, February 2nd. Zacks Investment Research raised shares of Medley Management from a “hold” rating to a “buy” rating and set a $7.50 price target for the company in a research note on Friday, December 29th.

The company has a market capitalization of $30.39, a P/E ratio of 16.32 and a beta of 1.33. The company has a debt-to-equity ratio of -1.64, a quick ratio of 1.45 and a current ratio of 1.45.



Medley Management (NYSE:MDLY) last announced its quarterly earnings data on Thursday, March 29th. The asset manager reported $0.05 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.05). Medley Management had a net margin of 1.41% and a negative return on equity of 24.04%. The business had revenue of $18.47 million during the quarter.

Several institutional investors have recently made changes to their positions in the company. PVG Asset Management Corp purchased a new stake in shares of Medley Management in the 4th quarter valued at $1,308,000. Rational Advisors LLC purchased a new stake in shares of Medley Management in the 4th quarter valued at $1,086,000. Municipal Employees Retirement System of Michigan boosted its stake in shares of Medley Management by 37.9% in the 4th quarter. Municipal Employees Retirement System of Michigan now owns 153,760 shares of the asset manager’s stock valued at $999,000 after purchasing an additional 42,220 shares in the last quarter. State Street Corp boosted its stake in shares of Medley Management by 9.6% in the 2nd quarter. State Street Corp now owns 92,904 shares of the asset manager’s stock valued at $603,000 after purchasing an additional 8,158 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in shares of Medley Management by 0.6% in the 2nd quarter. Northern Trust Corp now owns 62,636 shares of the asset manager’s stock valued at $407,000 after purchasing an additional 400 shares in the last quarter. 63.33% of the stock is owned by institutional investors.

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Medley Management Company Profile

Medley Management Inc is an investment holding company and operate and control all of the business and affairs of Medley LLC and its subsidiaries. Medley Management Inc was incorporated on June 13, 2014 and is based in New York, New York.

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