Martinrea International (OTCMKTS:MRETF) Stock Passes Below 50-Day Moving Average – Here’s Why

Martinrea International Inc. (OTCMKTS:MRETFGet Free Report)’s stock price passed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $6.42 and traded as low as $6.07. Martinrea International shares last traded at $6.07, with a volume of 2,000 shares changing hands.

Martinrea International Price Performance

The company has a 50-day moving average price of $6.42 and a 200 day moving average price of $7.40.

Martinrea International Company Profile

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Martinrea International Inc engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches.

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