Metro (OTCMKTS:MTTWF) Stock Price Up 7.8% – Time to Buy?

Shares of Metro AG (OTCMKTS:MTTWFGet Free Report) were up 7.8% during mid-day trading on Wednesday . The stock traded as high as $7.45 and last traded at $5.00. Approximately 4,503 shares were traded during mid-day trading, an increase of 87% from the average daily volume of 2,402 shares. The stock had previously closed at $4.64.

Metro Price Performance

The business’s 50-day simple moving average is $5.01 and its 200 day simple moving average is $5.22.

About Metro

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Metro AG operates as a food wholesale company in Germany and internationally. It operates bricks-and-mortar wholesale stores and delivery depots under the METRO, MAKRO, Classic Fine Foods, Pro à Pro, Aviludo, Pro a Pro Spain, Johan i Hallen & Bergfalk, and Rungis Express brand names serving hotels, restaurants, bars, cafés, catering companies, canteen operators, small grocery stores, and kiosks in Europe, Russia, and Asia, as well as online marketplace METRO MARKETS.

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