Mips AB (publ) (OTC:MPZAF) Stock Price Up 3.2% – Still a Buy?

Mips AB (publ) (OTC:MPZAF)’s share price rose 3.2% during trading on Tuesday . The company traded as high as $50.41 and last traded at $50.41. Approximately 10,000 shares changed hands during mid-day trading, an increase of 203% from the average daily volume of 3,300 shares. The stock had previously closed at $48.85.

Mips AB (publ) Stock Performance

The firm’s 50 day moving average is $48.88 and its two-hundred day moving average is $48.86.

Mips AB (publ) Company Profile

Mips AB (publ) develops, manufactures, and sells helmet-based safety systems in North America, Europe, Sweden, Asia, and Australia. It offers sport helmets, which include bike, snow, equestrian, and team sports helmets, as well as other helmets, such as climbing, snowmobiling, and white-water rafting helmets; moto helmets comprising on-road and off-road helmets, including scooter, mobiling, car driving, and other helmets that involves travel and high speed activities; and safety helmets for construction, manufacturing, mining, and oil industries, as well as military, police force, and rescue services.