Shares of Meituan (OTCMKTS:MPNGF – Get Free Report) traded down 1.7% on Friday . The stock traded as low as $16.09 and last traded at $16.09. 121,405 shares traded hands during trading, an increase of 354% from the average session volume of 26,742 shares. The stock had previously closed at $16.36.
Meituan Price Performance
The stock has a fifty day simple moving average of $13.28 and a 200-day simple moving average of $11.66.
Meituan Company Profile
Meituan operates as a tech retail company in China and internationally. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; 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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