Melrose Industries (OTCMKTS:MLSPF) Shares Up 6.2% – Here’s What Happened

Melrose Industries PLC (OTCMKTS:MLSPFGet Free Report) shares traded up 6.2% on Monday . The company traded as high as $6.96 and last traded at $6.96. 1,545 shares traded hands during mid-day trading, a decline of 91% from the average session volume of 16,356 shares. The stock had previously closed at $6.55.

Melrose Industries Trading Up 6.2 %

The firm has a fifty day simple moving average of $6.09 and a 200-day simple moving average of $6.80.

About Melrose Industries

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Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.

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