Martinrea International (OTCMKTS:MRETF) Shares Cross Below Fifty Day Moving Average – Should You Sell?

Martinrea International Inc. (OTCMKTS:MRETFGet Free Report) passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $6.70 and traded as low as $6.27. Martinrea International shares last traded at $6.27, with a volume of 2,000 shares changing hands.

Martinrea International Price Performance

The stock’s 50-day simple moving average is $6.70 and its 200 day simple moving average is $7.62.

About Martinrea International

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Martinrea International Inc engages in the design, development, and manufacturing of engineered, value-added lightweight structures and propulsion systems worldwide. It offers lightweight structure products, including knuckles/control arms/links; subframes integral/fabricated products; complex assemblies; body structures; exterior trims; and trailer hitches.

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