Shares of Temple & Webster Group Ltd (OTCMKTS:TPLWF – Get Free Report) rose 5.3% during mid-day trading on Wednesday . The stock traded as high as $3.8176 and last traded at $3.8176. Approximately 2,130 shares were traded during mid-day trading, a decline of 88% from the average daily volume of 17,677 shares. The stock had previously closed at $3.6250.
Temple & Webster Group Stock Performance
The firm has a 50 day simple moving average of $4.55 and a 200 day simple moving average of $8.35.
About Temple & Webster Group
Temple & Webster Group is an Australian-based e-commerce retailer specializing in furniture, homewares and décor. The company operates a digital marketplace that connects consumers with a broad network of independent suppliers, designers and manufacturers. Through its online platform, Temple & Webster offers a curated selection of indoor and outdoor furniture, lighting, textiles and decorative accessories aimed at both style-conscious homeowners and professional interior designers.
Founded in 2011 by entrepreneurs Mark Coulter and Michael Hingley, Temple & Webster has grown rapidly by leveraging a direct-to-consumer model and proprietary technology to streamline the shopping experience.
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