ME Group International (LON:MEGP) Shares Up 0.4% – Time to Buy?

ME Group International plc (LON:MEGPGet Free Report)’s stock price rose 0.4% during mid-day trading on Tuesday . The stock traded as high as GBX 229.50 ($2.91) and last traded at GBX 225.50 ($2.86). Approximately 225,273 shares were traded during mid-day trading, a decline of 55% from the average daily volume of 496,191 shares. The stock had previously closed at GBX 224.50 ($2.84).

ME Group International Price Performance

The business has a 50-day simple moving average of GBX 210.84 and a two-hundred day simple moving average of GBX 191.54. The stock has a market cap of £849.59 million, a price-to-earnings ratio of 1,610.71 and a beta of 1.20.

About ME Group International

(Get Free Report)

ME Group International plc operates, sells, and services a range of instant-service equipment in the United Kingdom. The company operates through Asia Pacific, Continental Europe, and United Kingdom and Ireland segments. It operates coin-operated automatic photobooths for identification and fun purposes, as well as vending equipment, including digital photo kiosks, laundry machines, business service equipment, amusement machines, and children's rides.

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