Metcash Limited (OTCMKTS:MHTLY – Get Free Report) rose 4.2% during trading on Monday. The company traded as high as $10.88 and last traded at $10.88. Approximately 500 shares traded hands during trading, a decline of 33% from the average daily volume of 747 shares. The stock had previously closed at $10.44.
Metcash Trading Up 4.2%
The company’s fifty day moving average price is $10.88 and its two-hundred day moving average price is $10.88.
Metcash Company Profile
Metcash Limited is an Australian wholesale distribution and marketing services company that supports independent retailers across the food, liquor and hardware sectors. Rather than operating primarily as a conventional retail chain, the company supplies products, services, technology and business support to independently owned stores and retail groups.
Through its food business, Metcash distributes groceries, fresh food and other consumer products to supermarkets and convenience retailers, including stores operating under the IGA and Foodland banners.
Further Reading
- Five stocks we like better than Metcash
- NVIDIA’s Record High Raises a Bigger Question About How Far the Rally Can Run
- A Manufacturing Surprise Could Be a Big Win for These 2 Companies
- What a $1 Billion Chip Deal Says About Amazon’s AI Ambitions
- 3 Stocks Benefiting From AI Demand Just Announced Major Buybacks
Receive News & Ratings for Metcash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metcash and related companies with MarketBeat.com's FREE daily email newsletter.
