Melrose Industries PLC (OTCMKTS:MLSPF – Get Free Report) shares rose 10.2% during trading on Wednesday . The company traded as high as $5.88 and last traded at $5.81. Approximately 3,779 shares changed hands during mid-day trading, a decline of 79% from the average daily volume of 18,264 shares. The stock had previously closed at $5.27.
Melrose Industries Price Performance
The firm has a 50 day moving average price of $6.12 and a 200 day moving average price of $7.08.
About Melrose Industries
Melrose Industries PLC, together with its subsidiaries, engages in the aerospace, automotive, powder metallurgy, and other industrial businesses in the United Kingdom, rest of Europe, North America, and internationally. Its Aerospace segment provides airframe and engine structures, and electrical interconnection systems for the aerospace industry in civil airframe and defense platforms.
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