Metro (OTCMKTS:MTTWF) Trading 7.8% Higher – Here’s Why

Metro AG (OTCMKTS:MTTWFGet Free Report) shares shot up 7.8% on Wednesday . The stock traded as high as $7.45 and last traded at $5.00. 4,503 shares were traded during mid-day trading, an increase of 87% from the average session volume of 2,402 shares. The stock had previously closed at $4.64.

Metro Price Performance

The stock’s 50 day simple moving average is $4.99 and its two-hundred day simple moving average is $5.21.

Metro Company Profile

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Metro AG operates as a food wholesale company in Germany and internationally. It operates bricks-and-mortar wholesale stores and delivery depots under the METRO, MAKRO, Classic Fine Foods, Pro à Pro, Aviludo, Pro a Pro Spain, Johan i Hallen & Bergfalk, and Rungis Express brand names serving hotels, restaurants, bars, cafés, catering companies, canteen operators, small grocery stores, and kiosks in Europe, Russia, and Asia, as well as online marketplace METRO MARKETS.

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