M3 (OTCMKTS:MTHRF) Stock Price Up 11.1% – Here’s What Happened

Shares of M3, Inc. (OTCMKTS:MTHRF) were up 11.1% on Monday . The company traded as high as $14.47 and last traded at $14.47. Approximately 50,200 shares changed hands during trading, an increase of 8,864% from the average daily volume of 560 shares. The stock had previously closed at $13.02.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group lowered M3 to a “neutral” rating in a research report on Thursday. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Hold”.

M3 Trading Up 11.1%

The business has a 50-day moving average of $13.77 and a two-hundred day moving average of $12.64.

M3 Company Profile

M3, Inc provides medical-related services primarily to physicians and other healthcare professionals through Internet. The company operates through five reporting segments: Medical Platform, Evidence Solutions, Career Solutions, Site Solutions, and Overseas. It operates m3.com, a members-only web site for providing information to the healthcare professionals; MR-kun, where member doctors can independently and continuously receive information on the m3com platform; QOL-kun that provides life support information other than medical information to members; AskDoctors, where registered doctors answer questions about health and illness from the general public; MDLinx for medical professionals in the United States; and Doctors.net.uk, a website that provides developing services for pharmaceutical companies, as well as provides drug information database in France, Germany, and Spain.