Shares of Meituan (OTCMKTS:MPNGF – Get Free Report) rose 4.7% during mid-day trading on Friday . The stock traded as high as $18.45 and last traded at $18.22. Approximately 1,974 shares were traded during trading, a decline of 87% from the average daily volume of 15,587 shares. The stock had previously closed at $17.40.
Meituan Stock Performance
The company has a 50 day moving average of $19.34 and a 200-day moving average of $20.33.
Meituan Company Profile
Meituan operates as a technology retail company in the People's Republic of China. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing.
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