Metcash (OTCMKTS:MHTLY) Trading 4.2% Higher – Here’s Why

Metcash Limited (OTCMKTS:MHTLYGet Free Report)’s share price was up 4.2% during mid-day trading on Wednesday . The company traded as high as $10.88 and last traded at $10.88. Approximately 500 shares were traded during mid-day trading, a decline of 33% from the average daily volume of 747 shares. The stock had previously closed at $10.44.

Metcash Stock Up 4.2 %

The stock’s 50 day moving average price is $10.88 and its 200-day moving average price is $10.88.

About Metcash

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Metcash Limited operates as a wholesale distribution and marketing company in Australia and New Zealand. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Liquor segment engages in the distribution of liquor products to independent retail outlets and hotels.

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