Shares of Meituan (OTCMKTS:MPNGF – Get Free Report) were down 8.2% during trading on Friday . The company traded as low as $20.20 and last traded at $20.20. Approximately 1,439 shares were traded during trading, a decline of 93% from the average daily volume of 19,487 shares. The stock had previously closed at $22.00.
Meituan Stock Performance
The firm’s 50-day moving average is $20.60 and its two-hundred day moving average is $20.76.
About Meituan
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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