Metcash Limited (OTC:MCSHF – Get Free Report)’s share price dropped 35.7% during mid-day trading on Friday . The stock traded as low as $1.64 and last traded at $1.64. Approximately 100 shares were traded during mid-day trading, a decline of 57% from the average daily volume of 233 shares. The stock had previously closed at $2.55.
Metcash Stock Performance
The company’s 50 day simple moving average is $2.28 and its two-hundred day simple moving average is $2.46.
About Metcash
Metcash Limited operates as a wholesale distribution and marketing company in Australia. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Hardware segment distributes hardware products to independent retail outlets; and operates company owned retail stores.
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