Trade Me Group Receives “Hold” Rating from Morningstar (TME)
Trade Me Group (ASX:TME) traded up 0.30% during mid-day trading on Monday, hitting A$3.330. The stock had a trading volume of 329,118 shares. Trade Me Group has a one year low of A$3.060 and a one year high of A$4.200. The stock’s 50-day moving average is A$3.23 and its 200-day moving average is A$3.45. The company has a market cap of A$1.321 billion and a P/E ratio of 19.53.
Trade Me Group Limited is an online marketplace and classified advertising platform in New Zealand, spanning auctions and fixed price sales for new and used goods, with automotive, real estate and employment businesses.
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