Mr Price Group (OTCMKTS:MRPLY) Shares Down 3.7% – Here’s What Happened

Shares of Mr Price Group Limited (OTCMKTS:MRPLY) dropped 3.7% during mid-day trading on Wednesday . The stock traded as low as $12.80 and last traded at $12.80. Approximately 469 shares traded hands during mid-day trading, a decline of 36% from the average daily volume of 729 shares. The stock had previously closed at $13.29.

Analysts Set New Price Targets

Separately, HSBC raised Mr Price Group to a “buy” rating in a research report on Friday, September 12th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy”.

Mr Price Group Trading Down 3.7%

The firm has a fifty day moving average price of $12.32 and a 200-day moving average price of $12.37.

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.