MTR (OTCMKTS:MTCPY) Stock Price Up 25.2% – Still a Buy?

MTR Co. Limited (OTCMKTS:MTCPY)’s stock price was up 25.2% during trading on Tuesday . The stock traded as high as $14.41 and last traded at $14.41. Approximately 652 shares traded hands during trading, an increase of 161% from the average daily volume of 250 shares. The stock had previously closed at $11.51.

MTR Price Performance

The company’s 50-day simple moving average is $10.92 and its 200-day simple moving average is $10.78.

MTR Company Profile

MTR Corporation Limited (OTCMKTS: MTCPY) is a Hong Kong–based public transport operator primarily engaged in the development, construction and operation of urban railway networks. Established in 1975 as the Mass Transit Railway Corporation, the company was corporatized and listed in 2000, with the Government of the Hong Kong Special Administrative Region remaining its largest shareholder. MTR’s core business revolves around passenger rail services, including heavy rail passengers in Hong Kong, Light Rail operations in the New Territories and a complementary network of feeder buses and station taxis.

In addition to transport services, MTR leverages its extensive property portfolio through integrated property development and investment near station hubs.