Mr Price Group (OTCMKTS:MRPLY) Trading Down 1% – Here’s Why

Mr Price Group Limited (OTCMKTS:MRPLY)’s share price fell 1% during trading on Monday . The stock traded as low as $9.57 and last traded at $9.96. Approximately 3,839 shares were traded during trading, an increase of 523% from the average session volume of 616 shares. The stock had previously closed at $10.06.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Mr Price Group from a “strong sell” rating to a “hold” rating in a research note on Friday, September 18th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Mr Price Group has an average rating of “Hold”.

Mr Price Group Price Performance

The stock has a fifty day simple moving average of $10.25 and a 200-day simple moving average of $9.96.

About Mr Price Group

Mr Price Group is a South African value-focused retail group that sells apparel, footwear, home furnishings and sporting goods through a portfolio of branded retail chains. Its principal businesses include Mr Price Apparel, Mr Price Home, Mr Price Sport, Sheet Street and Miladys, offering products aimed primarily at budget-conscious and middle-income consumers.

The group operates physical stores and digital retail platforms, with its merchandise spanning casual clothing, accessories, household textiles, furniture, décor, sporting equipment and related products.