Melrose Industries (OTCMKTS:MLSPF) Stock Price Down 15.2%

Melrose Industries PLC (OTCMKTS:MLSPFGet Free Report)’s share price was down 15.2% during trading on Thursday . The company traded as low as $6.70 and last traded at $6.70. Approximately 11,954 shares were traded during trading, an increase of 70% from the average daily volume of 7,015 shares. The stock had previously closed at $7.90.

Melrose Industries Stock Performance

The business has a 50-day moving average of $7.76 and a 200 day moving average of $7.71.

About Melrose Industries

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Melrose Industries PLC, together with its subsidiaries, engages in the aerospace, automotive, powder metallurgy, and other industrial businesses in the United Kingdom, rest of Europe, North America, and internationally. Its Aerospace segment provides airframe and engine structures, and electrical interconnection systems for the aerospace industry in civil airframe and defense platforms.

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