Mr Price Group (OTCMKTS:MRPLY) Trading 5.3% Higher – Still a Buy?

Mr Price Group Limited (OTCMKTS:MRPLY)’s stock price traded up 5.3% on Thursday . The company traded as high as $10.63 and last traded at $10.32. 2,530 shares changed hands during mid-day trading, an increase of 165% from the average daily volume of 954 shares. The stock had previously closed at $9.8050.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Mr Price Group to a “hold” rating in a report on Thursday, May 21st. One research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy”.

Mr Price Group Price Performance

The business has a fifty day simple moving average of $9.65 and a two-hundred day simple moving average of $10.22. The company has a market cap of $272.01 million and a PE ratio of 1.12.

About Mr Price Group

Mr Price Group Limited (OTCMKTS: MRPLY) is a South African-based retailer known for its value-led fashion and homeware offerings. The Group operates through several divisions, including apparel, homeware and sportswear, designing and sourcing clothing, footwear, accessories and household products. It also offers financial services—such as credit and insurance—through its Mr Price Money and Mr Price Insurance arms, complementing its core retail operations.

Founded in 1985 with a single Mr Price store in Durban, the Group has since expanded into multiple brands, including Mr Price Home and Mr Price Sport.