Shares of Melrose Industries PLC (OTCMKTS:MLSPF – Get Free Report) traded down 15.2% during trading on Thursday . The stock traded as low as $6.70 and last traded at $6.70. 11,954 shares changed hands during mid-day trading, an increase of 70% from the average session volume of 7,015 shares. The stock had previously closed at $7.90.
Melrose Industries Price Performance
The company’s 50 day moving average is $7.76 and its 200 day moving average is $7.71.
About Melrose Industries
Melrose Industries PLC, together with its subsidiaries, engages in the aerospace, automotive, powder metallurgy, and other industrial businesses in the United Kingdom, rest of Europe, North America, and internationally. Its Aerospace segment provides airframe and engine structures, and electrical interconnection systems for the aerospace industry in civil airframe and defense platforms.
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