Mayr-Melnhof Karton (OTCMKTS:MNHFF) Stock Price Down 26% – Should You Sell?

Shares of Mayr-Melnhof Karton AG (OTCMKTS:MNHFFGet Free Report) fell 26% during trading on Wednesday . The company traded as low as $80.00 and last traded at $80.00. 100 shares changed hands during mid-day trading, an increase of 0% from the average session volume of 100 shares. The stock had previously closed at $108.11.

Mayr-Melnhof Karton Stock Performance

The firm’s 50-day simple moving average is $106.99 and its two-hundred day simple moving average is $118.32.

Mayr-Melnhof Karton Company Profile

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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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