Metcash (OTCMKTS:MHTLY) Shares Up 4.2% – What’s Next?

Metcash Limited (OTCMKTS:MHTLY)’s stock price was up 4.2% during trading on Wednesday . The company traded as high as $10.88 and last traded at $10.88. Approximately 500 shares changed hands during trading, a decline of 33% from the average daily volume of 747 shares. The stock had previously closed at $10.44.

Metcash Stock Performance

The business has a 50-day moving average price of $10.88 and a 200 day moving average price of $10.88.

Metcash Company Profile

Metcash Limited operates as a wholesale distribution and marketing company in Australia and New Zealand. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Liquor segment engages in the distribution of liquor products to independent retail outlets and hotels.