Shares of Melrose Industries PLC (OTCMKTS:MLSPF – Get Free Report) shot up 0.5% during trading on Thursday . The stock traded as high as $7.15 and last traded at $6.98. 7,668 shares traded hands during mid-day trading, a decline of 64% from the average session volume of 21,230 shares. The stock had previously closed at $6.94.
Analyst Ratings Changes
Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating on shares of Melrose Industries in a research report on Wednesday.
Get Our Latest Stock Report on Melrose Industries
Melrose Industries Trading Up 0.5%
About Melrose Industries
Melrose Industries PLC, together with its subsidiaries, provides aerospace components and systems to civil and defence markets in the United Kingdom, rest of Europe, North America, and internationally. The company operates through two segments, Engines and Structures. The Engines segment offers structural engineered components; parts repair; and commercial and aftermarket contracts to engines original equipment manufacturers.
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