Melrose Industries (OTCMKTS:MLSPF) Shares Up 3.8%

Melrose Industries PLC (OTCMKTS:MLSPFGet Free Report)’s stock price was up 3.8% during mid-day trading on Friday . The company traded as high as $8.07 and last traded at $8.07. Approximately 100 shares changed hands during trading, a decline of 98% from the average daily volume of 6,038 shares. The stock had previously closed at $7.78.

Melrose Industries Price Performance

The firm has a 50-day simple moving average of $8.08 and a two-hundred day simple moving average of $7.14.

About Melrose Industries

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Melrose Industries PLC, together with its subsidiaries, engages in the aerospace, automotive, powder metallurgy, and other industrial businesses in the United Kingdom, rest of Europe, North America, and internationally. Its Aerospace segment provides airframe and engine structures, and electrical interconnection systems for the aerospace industry in civil airframe and defense platforms.

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