Meliá Hotels International (OTCMKTS:SMIZF) Trading 7.1% Higher – Time to Buy?

Meliá Hotels International, S.A. (OTCMKTS:SMIZFGet Free Report)’s share price traded up 7.1% during mid-day trading on Wednesday . The company traded as high as $7.25 and last traded at $7.25. 250 shares changed hands during mid-day trading, a decline of 85% from the average session volume of 1,631 shares. The stock had previously closed at $6.77.

Meliá Hotels International Price Performance

The stock’s 50-day moving average price is $6.85 and its 200-day moving average price is $7.13.

Meliá Hotels International Company Profile

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Meliá Hotels International, SA owns, manages, operates, leases, and franchises hotels worldwide. It operates through Hotel Management, Hotel Business, Other Business Linked to Hotel Management, Real Estate, and Vacation Club segments. The company operates hotels under the Gran Meliá Hotels & Resorts, Paradisus by Meliá, ME by Meliá, Meliá Hotels & Resorts, INNSIDE by Meliá, Sol by Meliá, ZEL, and Circle by Melia brand names, as well as Meliá PRO.

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