Metcash (OTC:MCSHF) Shares Down 32.2% – Time to Sell?

Metcash Limited (OTC:MCSHFGet Free Report) shares fell 32.2% during mid-day trading on Monday . The stock traded as low as $1.66 and last traded at $1.66. 1,000 shares traded hands during trading, a decline of 75% from the average session volume of 3,956 shares. The stock had previously closed at $2.45.

Metcash Stock Performance

The stock’s 50 day simple moving average is $2.43 and its 200-day simple moving average is $2.41.

About Metcash

(Get Free Report)

Metcash Limited operates as a wholesale distribution and marketing company in Australia. It operates through Food, Liquor, and Hardware segments. The Food segment distributes a range of products and services to independent supermarket and convenience retail outlets. The Hardware segment distributes hardware products to independent retail outlets; and operates company owned retail stores.

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