Mercialys (OTCMKTS:MEIYF) Stock Price Up 10.5% – Time to Buy?

Mercialys SA (OTCMKTS:MEIYFGet Free Report) traded up 10.5% during mid-day trading on Tuesday . The company traded as high as $12.73 and last traded at $12.73. 711 shares changed hands during mid-day trading, an increase of 256% from the average session volume of 200 shares. The stock had previously closed at $11.52.

Mercialys Stock Performance

The stock’s 50-day simple moving average is $10.41 and its 200-day simple moving average is $10.87.

Mercialys Company Profile

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Mercialys is one of France's leading real estate companies. It is specialized in the holding, management and transformation of retail spaces, anticipating consumer trends, on its own behalf and for third parties. At December 31, 2023, Mercialys had a real estate portfolio valued at Euro 2.9 billion (including transfer taxes).

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