Metcash (OTC:MCSHF) Trading Down 35.7% – Should You Sell?

Metcash Limited (OTC:MCSHFGet Free Report) shares fell 35.7% on Friday . The company traded as low as $1.64 and last traded at $1.64. 100 shares changed hands during trading, a decline of 57% from the average session volume of 233 shares. The stock had previously closed at $2.55.

Metcash Stock Performance

The firm’s 50 day moving average is $2.30 and its 200-day moving average is $2.47.

Metcash Company Profile

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Metcash Limited operates as a wholesale distribution and marketing company in Australia. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Hardware segment distributes hardware products to independent retail outlets; and operates company owned retail stores.

Further Reading

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