Shares of Meituan (OTCMKTS:MPNGF – Get Free Report) were up 2.6% during mid-day trading on Tuesday . The stock traded as high as $16.17 and last traded at $15.80. Approximately 23,562 shares were traded during mid-day trading, an increase of 80% from the average daily volume of 13,076 shares. The stock had previously closed at $15.40.
Wall Street Analysts Forecast Growth
Separately, Barclays set a $15.00 price target on shares of Meituan and gave the stock an “underweight” rating in a research report on Wednesday, May 28th.
Get Our Latest Research Report on MPNGF
Meituan Price Performance
Meituan Company Profile
Meituan operates as a technology retail company in the People's Republic of China. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing.
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