Meliá Hotels International (OTCMKTS:SMIZF) Shares Down 12.1% – Here’s What Happened

Meliá Hotels International, S.A. (OTCMKTS:SMIZFGet Free Report)’s share price traded down 12.1% on Thursday . The company traded as low as $7.60 and last traded at $7.60. 4,063 shares changed hands during trading, an increase of 168% from the average session volume of 1,515 shares. The stock had previously closed at $8.65.

Meliá Hotels International Price Performance

The company has a fifty day moving average price of $8.68 and a 200-day moving average price of $8.29.

Meliá Hotels International Company Profile

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Meliá Hotels International, SA owns, manages, operates, leases, and franchises hotels worldwide. It operates through Hotel Management, Hotel Business, Other Business Linked to Hotel Management, Real Estate, and Vacation Club segments. The company operates hotels under the Gran Meliá Hotels & Resorts, Paradisus by Meliá, ME by Meliá, Meliá Hotels & Resorts, INNSIDE by Meliá, Sol by Meliá, ZEL, and Circle by Melia brand names, as well as Meliá PRO.

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