Zacks Research downgraded shares of Mr Price Group (OTCMKTS:MRPLY – Free Report) from a hold rating to a strong sell rating in a report issued on Tuesday morning,Zacks.com reports.
Mr Price Group Price Performance
Shares of MRPLY stock opened at $10.15 on Tuesday. The stock’s 50-day moving average price is $10.02 and its 200 day moving average price is $10.09. The stock has a market capitalization of $267.67 million and a PE ratio of 1.12. Mr Price Group has a 52-week low of $8.72 and a 52-week high of $13.29.
Mr Price Group Company Profile
Mr Price Group Limited (OTCMKTS: MRPLY) is a South African-based retailer known for its value-led fashion and homeware offerings. The Group operates through several divisions, including apparel, homeware and sportswear, designing and sourcing clothing, footwear, accessories and household products. It also offers financial services—such as credit and insurance—through its Mr Price Money and Mr Price Insurance arms, complementing its core retail operations.
Founded in 1985 with a single Mr Price store in Durban, the Group has since expanded into multiple brands, including Mr Price Home and Mr Price Sport.
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