Mr Price Group (OTCMKTS:MRPLY) Shares Down 6.8% – Should You Sell?

Shares of Mr Price Group Limited (OTCMKTS:MRPLY) traded down 6.8% during mid-day trading on Tuesday . The stock traded as low as $11.82 and last traded at $11.82. 536 shares traded hands during mid-day trading, a decline of 28% from the average session volume of 743 shares. The stock had previously closed at $12.68.

Analyst Upgrades and Downgrades

Separately, HSBC upgraded Mr Price Group to a “buy” rating in a report on Friday, September 12th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of “Buy”.

Mr Price Group Stock Down 6.8%

The firm has a 50 day moving average price of $12.00 and a two-hundred day moving average price of $12.32.

Mr Price Group Company Profile

Mr Price Group Limited, together with its subsidiaries, operates as a fashion retailer serving women, men, and children in South Africa and internationally. The company operates through Apparel, Homeware, Financial Services, and Telecoms segments. It offers clothing, cosmetics, babywear, school wear, footwear, underwear, and accessories; furniture and kids merchandise; sporting, outdoor, and fitness products comprising footwear, apparel, equipment, and accessories; women’s smart and casual fashion and intimate wear; and home textile and decor products for bedroom, living-room, bathroom, kitchen, and dining-room.