Shares of Motus Holdings Limited (OTCMKTS:MOTUY) rose 2.7% during mid-day trading on Wednesday . The stock traded as high as $4.86 and last traded at $4.86, approximately 2,031 shares were traded during trading. A decline of 94% from the average daily volume of 31,690 shares. The stock had previously closed at $4.73.
Separately, JPMorgan Chase & Co. downgraded shares of Motus from a “neutral” rating to an “underweight” rating in a report on Tuesday, September 10th.
The business’s fifty day moving average price is $4.80.
About Motus (OTCMKTS:MOTUY)
Motus Holdings Limited operates in the automotive sector. It operates through four segments: Import and Distribution, Retail and Rental, Motor-Related Financial Services, and Aftermarket Parts. The Import and Distribution segment imports and distributes passenger and light commercial vehicles and parts to a network of dealerships, car rental companies, fleets, and government institutions in South Africa.
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