Shares of Meituan (OTCMKTS:MPNGF – Get Free Report) traded up 7.9% during mid-day trading on Wednesday . The company traded as high as $19.70 and last traded at $19.70. 270 shares changed hands during trading, a decline of 96% from the average session volume of 7,444 shares. The stock had previously closed at $18.26.
Meituan Stock Up 0.3 %
The firm has a fifty day moving average price of $19.75 and a 200 day moving average price of $19.06.
About Meituan
Meituan operates as a technology retail company in the People's Republic of China. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing.
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