Meituan (OTCMKTS:MPNGF – Get Free Report)’s share price shot up 5.1% during trading on Friday . The company traded as high as $23.95 and last traded at $23.95. 67,413 shares were traded during mid-day trading, an increase of 195% from the average session volume of 22,817 shares. The stock had previously closed at $22.78.
Meituan Stock Up 5.1 %
The firm has a 50 day simple moving average of $19.89 and a 200 day simple moving average of $16.23.
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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