Shares of Meituan (OTCMKTS:MPNGF – Get Free Report) rose 7.9% during trading on Wednesday . The stock traded as high as $19.70 and last traded at $19.70. Approximately 270 shares traded hands during trading, a decline of 96% from the average daily volume of 7,444 shares. The stock had previously closed at $18.26.
Meituan Stock Performance
The company’s 50-day moving average is $19.91 and its 200 day moving average is $19.05.
About Meituan
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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