ME Group International (LON:MEGP) Trading Down 10.8% – Should You Sell?

ME Group International plc (LON:MEGPGet Free Report) was down 10.8% on Friday . The company traded as low as GBX 168 and last traded at GBX 169.20. Approximately 952,088 shares changed hands during trading, an increase of 35% from the average daily volume of 704,048 shares. The stock had previously closed at GBX 189.60.

ME Group International Trading Down 10.5%

The stock has a 50-day simple moving average of GBX 188.09 and a two-hundred day simple moving average of GBX 204.89. The firm has a market capitalization of £640.62 million, a P/E ratio of 11.28 and a beta of 1.20.

About ME Group International

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ME Group International plc (LSE: MEGP) is an international market leader in automated self-service equipment aimed at the consumer market, with over 48,000 vending units currently in operation.

The Group operates, sells and services a wide range of instant-service vending equipment across 16 countries in its key regions of Continental Europe, the UK & Republic of Ireland and Asia Pacific.

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