Mr Price Group (OTCMKTS:MRPLY) Trading Up 0.5% – Time to Buy?

Shares of Mr Price Group Limited (OTCMKTS:MRPLY) shot up 0.5% during trading on Monday . The stock traded as high as $12.00 and last traded at $12.00. 821 shares changed hands during mid-day trading, an increase of 15% from the average session volume of 715 shares. The stock had previously closed at $11.94.

Analyst Upgrades and Downgrades

Separately, HSBC upgraded shares of Mr Price Group to a “buy” rating in a research note on Friday, September 12th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Mr Price Group has a consensus rating of “Buy”.

Mr Price Group Stock Performance

The firm has a 50 day moving average of $12.41 and a two-hundred day moving average of $12.45.

About Mr Price Group

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.