Mayr-Melnhof Karton (OTCMKTS:MNHFF) Shares Down 11.7%

Mayr-Melnhof Karton AG (OTCMKTS:MNHFFGet Free Report) was down 11.7% during trading on Thursday . The company traded as low as $111.28 and last traded at $111.28. Approximately 500 shares changed hands during trading, an increase of 400% from the average daily volume of 100 shares. The stock had previously closed at $126.02.

Mayr-Melnhof Karton Price Performance

The stock has a 50-day moving average of $126.02 and a 200-day moving average of $127.34.

About Mayr-Melnhof Karton

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Mayr-Melnhof Karton AG manufactures and sells cartonboard and folding cartons in Germany, Austria, and internationally. It operates through two segments, MM Board & Paper and MM Packaging. The MM Board & Paper segment manufactures and markets various grades of cartonboard products, such as coated cartonboard produced from recycling fibers; and virgin fiber based cartonboard, as well as offers kraft papers and uncoated fine papers.

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