MISUMI Group (OTCMKTS:MSSMY) Stock Price Up 4.9% – Here’s Why

MISUMI Group Inc. (OTCMKTS:MSSMYGet Free Report)’s stock price was up 4.9% on Monday . The company traded as high as $10.16 and last traded at $9.98. Approximately 500 shares were traded during trading, a decline of 74% from the average daily volume of 1,905 shares. The stock had previously closed at $9.51.

MISUMI Group Price Performance

The company’s 50-day simple moving average is $8.10 and its 200-day simple moving average is $7.75.

MISUMI Group Company Profile

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MISUMI Group Inc is a Tokyo-based industrial supplier specializing in configurable components and automation solutions for the manufacturing sector. Through its proprietary e-catalog platform, the company offers a broad portfolio of mechanical parts, including linear motion systems, bearings, fasteners and workholding devices. Customers can select from a vast library of standard items or specify custom dimensions online, with real-time CAD downloads and instant pricing to support rapid design cycles.

In addition to off-the-shelf components, MISUMI Group provides precision press-die and plastic-mold parts under its Die Components business.

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