Meituan (OTCMKTS:MPNGF) Stock Price Down 0.9% – Time to Sell?

Meituan (OTCMKTS:MPNGFGet Free Report)’s stock price traded down 0.9% during mid-day trading on Monday . The stock traded as low as $19.58 and last traded at $19.58. 2,268 shares changed hands during mid-day trading, a decline of 79% from the average session volume of 10,934 shares. The stock had previously closed at $19.76.

Meituan Price Performance

The business has a fifty day simple moving average of $21.41 and a 200 day simple moving average of $18.43.

About Meituan

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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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