Metro (OTCMKTS:MTRAF) Stock Crosses Below 200 Day Moving Average of $54.68

Metro Inc. (OTCMKTS:MTRAFGet Rating)’s share price crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $54.68 and traded as low as $53.47. Metro shares last traded at $53.47, with a volume of 462 shares traded.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on MTRAF shares. National Bank Financial raised their price target on Metro from C$74.00 to C$75.00 in a report on Friday, July 29th. Scotiabank raised their price target on Metro from C$76.00 to C$78.00 in a report on Monday, August 29th.

Metro Price Performance

The company has a 50 day moving average price of $54.61 and a 200 day moving average price of $54.68.

Metro Company Profile

(Get Rating)

Metro Inc operates as a retailer, franchisor, distributor, and manufacturer in the food and pharmaceutical sectors in Canada. It operates supermarkets and discount stores that provide fresh and grocery products, baked goods, prepared foods, meats, dairy products, fruits and vegetables, frozen foods, bakery products, and pastries, as well as Mediterranean and Middle Eastern products.

Further Reading

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