Mercari (OTCMKTS:MCARY) Stock Price Down 4.7% – Time to Sell?

Shares of Mercari, Inc. (OTCMKTS:MCARYGet Free Report) traded down 4.7% on Thursday . The stock traded as low as $8.64 and last traded at $8.64. 135 shares were traded during mid-day trading, a decline of 96% from the average session volume of 3,390 shares. The stock had previously closed at $9.07.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group raised Mercari to a “buy” rating in a report on Friday, June 13th.

Read Our Latest Analysis on Mercari

Mercari Price Performance

The business has a 50-day simple moving average of $8.44 and a two-hundred day simple moving average of $7.45.

About Mercari

(Get Free Report)

Mercari, Inc plans, develops, and operates Mercari marketplace applications in Japan and the United States. The company was incorporated in 2013 and is based in Tokyo, Japan.

Read More

Receive News & Ratings for Mercari Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mercari and related companies with MarketBeat.com's FREE daily email newsletter.