Mr Price Group (OTCMKTS:MRPLY) Shares Up 13.4% – Here’s What Happened

Shares of Mr Price Group Limited (OTCMKTS:MRPLY) traded up 13.4% during mid-day trading on Monday. The company traded as high as $11.5940 and last traded at $11.5940. 957 shares were traded during mid-day trading, an increase of 782% from the average daily volume of 108 shares. The stock had previously closed at $10.2250.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Mr Price Group from a “strong sell” rating to a “hold” rating in a research report on Friday, September 18th. One research analyst has rated the stock with a Hold rating. According to MarketBeat.com, the company currently has an average rating of “Hold”.

Mr Price Group Stock Down 3.3%

The stock’s 50 day simple moving average is $10.14 and its 200 day simple moving average is $10.13.

Mr Price Group Company Profile

Mr Price Group Limited is a South African retail group that sells value-focused apparel, footwear, homeware and sports merchandise. Its retail portfolio includes the Mr Price, Mr Price Home, Mr Price Sport, Sheet Street and Miladys brands, serving consumers through physical stores and digital commerce channels. The group’s apparel businesses offer clothing and accessories for adults and children, while its home-focused brands sell furniture, décor, bedding, kitchenware and related household products.