Mr Price Group (OTCMKTS:MRPLY) Trading Up 5.3% – Still a Buy?

Mr Price Group Limited (OTCMKTS:MRPLY)’s stock price shot up 5.3% during mid-day trading on Thursday . The stock traded as high as $10.63 and last traded at $10.32. Approximately 2,530 shares changed hands during trading, an increase of 165% from the average session volume of 954 shares. The stock had previously closed at $9.8050.

Analyst Upgrades and Downgrades

Separately, Zacks Research upgraded Mr Price Group to a “hold” rating in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Mr Price Group Trading Up 5.3%

The firm has a market cap of $272.01 million and a P/E ratio of 1.12. The stock has a 50 day simple moving average of $9.65 and a 200-day simple moving average of $10.22.

About Mr Price Group

Mr Price Group Limited (OTCMKTS: MRPLY) is a South African-based retailer known for its value-led fashion and homeware offerings. The Group operates through several divisions, including apparel, homeware and sportswear, designing and sourcing clothing, footwear, accessories and household products. It also offers financial services—such as credit and insurance—through its Mr Price Money and Mr Price Insurance arms, complementing its core retail operations.

Founded in 1985 with a single Mr Price store in Durban, the Group has since expanded into multiple brands, including Mr Price Home and Mr Price Sport.