Meituan (OTCMKTS:MPNGF – Get Free Report)’s stock price traded up 2.6% on Tuesday . The stock traded as high as $16.17 and last traded at $15.80. 23,562 shares traded hands during trading, an increase of 80% from the average session volume of 13,076 shares. The stock had previously closed at $15.40.
Wall Street Analyst Weigh In
Separately, Barclays set a $15.00 target price on shares of Meituan and gave the company an “underweight” rating in a research note on Wednesday, May 28th.
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Meituan Price Performance
Meituan Company Profile
Meituan operates as a technology retail company in the People's Republic of China. It operates through Core Local Commerce and New Initiatives segments. The company offers food delivery services; and helps consumers purchase local consumer services provided by merchants in numerous in-store categories or make reservations for hotels, and attraction and transportation ticketing.
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