MISUMI Group (OTCMKTS:MSSMY) Shares Up 3.5% – Still a Buy?

Shares of MISUMI Group Inc. (OTCMKTS:MSSMYGet Free Report) shot up 3.5% during trading on Friday . The company traded as high as $7.62 and last traded at $7.62. 20,558 shares were traded during trading, a decline of 84% from the average session volume of 129,274 shares. The stock had previously closed at $7.36.

MISUMI Group Price Performance

The company’s fifty day simple moving average is $8.09 and its 200 day simple moving average is $8.06.

MISUMI Group Company Profile

(Get Free Report)

MISUMI Group Inc engages in the factory automation and die components businesses worldwide. The company operates through three segments: FA Business, Die Components Business, and VONA Business. It offers mechanical components, including shafts, timing pulleys, linear bushings, and flat belt conveyors; and locator devices and measurement equipment, such as automatic stage units, actuators, optical measurement devices, and optical waveguide alignment products.

Further Reading

Receive News & Ratings for MISUMI Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for MISUMI Group and related companies with MarketBeat.com's FREE daily email newsletter.