Martinrea International (OTCMKTS:MRETF) Trading 0.5% Higher – Here’s What Happened

by · The Markets Daily

Martinrea International Inc. (OTCMKTS:MRETF – Get Free Report)’s share price rose 0.5% during trading on Monday . The stock traded as high as $8.2940 and last traded at $8.2940. Approximately 950 shares traded hands during mid-day trading, a decline of 81% from the average daily volume of 5,003 shares. The stock had previously closed at $8.2541.

Martinrea International Price Performance

The stock has a 50 day moving average of $7.21 and a 200-day moving average of $7.36.

About Martinrea International

(Get Free Report)

Martinrea International Inc is a global automotive parts manufacturer specializing in lightweight metal components, assemblies and fluid handling systems. As a diversified Tier 1 supplier, the company designs and produces aluminum stamping, tubular products, fluid conveyance systems, and structural assemblies that are used in powertrains, chassis and body-and–interior applications. Its engineering teams work closely with original equipment manufacturers (OEMs) to develop solutions that meet evolving performance, safety and emissions standards.

Founded in 2001 and headquartered in Vaughan, Ontario, Martinrea has grown through strategic acquisitions and organic expansion to establish a broad international footprint.

Featured Stories