Maruichi Steel Tube Ltd. (OTCMKTS:MCHIF – Get Free Report) was the recipient of a large decline in short interest in the month of September. As of September 30th, there was short interest totaling 170,322 shares, a decline of 50.6% from the September 15th total of 344,741 shares. Based on an average trading volume of 0 shares, the short-interest ratio is presently ∞ days.
Maruichi Steel Tube Stock Performance
Maruichi Steel Tube stock remained flat at $21.93 during mid-day trading on Friday. Maruichi Steel Tube has a fifty-two week low of $21.93 and a fifty-two week high of $21.93. The firm has a 50 day simple moving average of $21.93 and a two-hundred day simple moving average of $15.24.
Maruichi Steel Tube Company Profile
Maruichi Steel Tube Co, Ltd. is a Japanese manufacturer of welded steel tubes and related steel products. Its product range includes round, square and rectangular hollow structural sections, mechanical tubing, coated steel pipes and other specialized tubular products used in construction, infrastructure, machinery and industrial applications.
The company serves customers in Japan and international markets through manufacturing and sales operations in regions that include North America and Asia.
Further Reading
- Five stocks we like better than Maruichi Steel Tube
- AST SpaceMobile Is Down 67%—Could SpaceX’s Mobile Push Deepen the Selloff?
- GlobalFoundries’ $21 Billion Deal Could Change the Economics of Chipmaking
- Fundamental and Technicals Signals Align for Costco: Is the Stock Finally Breaking Out?
- Palantir’s Potential Next Catalyst After Retail Profit-Taking
Receive News & Ratings for Maruichi Steel Tube Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Maruichi Steel Tube and related companies with MarketBeat.com's FREE daily email newsletter.
