mdf commerce (OTCMKTS:MECVF) Trading Down 5.4%

mdf commerce inc. (OTCMKTS:MECVFGet Rating)’s share price dropped 5.4% during mid-day trading on Monday . The stock traded as low as $2.28 and last traded at $2.28. Approximately 100 shares changed hands during trading, a decline of 97% from the average daily volume of 3,221 shares. The stock had previously closed at $2.41.

Wall Street Analyst Weigh In

Separately, National Bank Financial upped their target price on shares of mdf commerce from C$3.00 to C$4.00 in a research report on Thursday, January 26th.

mdf commerce Price Performance

The business has a 50-day moving average of $2.83 and a 200 day moving average of $2.44.

About mdf commerce

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mdf commerce inc. engages in the provision of e-commerce solutions through SaaS solutions. It also provides commercial interactions between buyers and sellers. The company was founded on February 16, 1996 and is headquartered in Longueuil, Canada.

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