Shares of Martinrea International Inc. (OTCMKTS:MRETF – Get Free Report) shot up 3.3% on Wednesday . The company traded as high as $7.44 and last traded at $7.44. 2,514 shares changed hands during trading, a decline of 80% from the average session volume of 12,418 shares. The stock had previously closed at $7.20.
Martinrea International Price Performance
The company has a 50-day simple moving average of $7.42 and a 200-day simple moving average of $7.33.
Martinrea International Company Profile
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.
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