Metcash Limited (OTCMKTS:MHTLY – Get Free Report) shares rose 4.2% during trading on Monday. The company traded as high as $10.88 and last traded at $10.88. Approximately 500 shares were traded during mid-day trading, a decline of 33% from the average session volume of 747 shares. The stock had previously closed at $10.44.
Metcash Stock Performance
The firm has a 50-day moving average price of $10.88 and a two-hundred day moving average price of $10.88.
Metcash Company Profile
Metcash Limited is an Australian wholesale distribution and marketing services company that supports independent retailers across the food, liquor and hardware sectors. Rather than operating primarily as a conventional retail chain, the company supplies products, services, technology and business support to independently owned stores and retail groups.
Through its food business, Metcash distributes groceries, fresh food and other consumer products to supermarkets and convenience retailers, including stores operating under the IGA and Foodland banners.
Further Reading
- Five stocks we like better than Metcash
- Why Sticky Services Inflation Could Lift These 3 Stocks
- RPM International’s Dividend King Status Just Got Stronger
- The AI Boom’s Next Big Winners May Wear Hard Hats
- Rivian Escapes the EV Graveyard—But Can It Stay Alive?
Receive News & Ratings for Metcash Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Metcash and related companies with MarketBeat.com's FREE daily email newsletter.
