Melrose Industries (OTCMKTS:MLSPF) Trading Down 0.6% – What’s Next?

Shares of Melrose Industries PLC (OTCMKTS:MLSPFGet Free Report) fell 0.6% during mid-day trading on Monday . The stock traded as low as $6.90 and last traded at $6.90. 1,639 shares traded hands during trading, an increase of 4% from the average session volume of 1,569 shares. The stock had previously closed at $6.94.

Melrose Industries Stock Performance

The stock has a 50-day moving average price of $6.88 and a 200 day moving average price of $6.63.

Melrose Industries Company Profile

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Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.

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