Shares of Melrose Industries PLC (OTCMKTS:MLSPF – Get Free Report) shot up 3.8% during trading on Wednesday . The company traded as high as $7.60 and last traded at $7.32. 5,416 shares were traded during mid-day trading, a decline of 64% from the average session volume of 15,055 shares. The stock had previously closed at $7.06.
Melrose Industries Trading Down 3.2 %
The company has a fifty day moving average price of $6.51 and a two-hundred day moving average price of $6.75.
About Melrose Industries
Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.
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