Monadelphous Group Limited (OTCMKTS:MOPHY – Get Free Report) was the recipient of a large decrease in short interest during the month of July. As of July 15th, there was short interest totaling 1 shares, a decrease of 50.0% from the June 30th total of 2 shares. Based on an average daily volume of 0 shares, the short-interest ratio is currently ∞ days.
Monadelphous Group Price Performance
Monadelphous Group stock remained flat at C$19.50 during midday trading on Tuesday. Monadelphous Group has a 1 year low of C$17.16 and a 1 year high of C$19.50. The stock has a 50 day moving average price of C$19.50 and a 200 day moving average price of C$15.37.
Monadelphous Group Company Profile
Monadelphous Group is an Australian-based engineering and construction firm specializing in maintenance, fabrication and industrial services for the resources, energy and infrastructure sectors. Founded in 1972 in Perth, the company has built a reputation for delivering heavy-engineering solutions, including structural steelwork, piping fabrication and on-site commissioning. Its core capabilities encompass mechanical maintenance, shutdown services and project delivery for upstream oil and gas facilities, mining operations and power generation plants.
The company’s service offering extends from front-end engineering design through to detailed fabrication, installation and long-term asset support.
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