Melrose Industries PLC (OTCMKTS:MLSPF – Get Free Report) rose 3.8% during trading on Wednesday . The company traded as high as $7.60 and last traded at $7.32. Approximately 5,416 shares were traded during trading, a decline of 64% from the average daily volume of 15,055 shares. The stock had previously closed at $7.06.
Melrose Industries Stock Down 3.2 %
The stock has a 50 day moving average of $6.51 and a two-hundred day moving average of $6.75.
About Melrose Industries
Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.
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