Mr Price Group (OTCMKTS:MRPLY – Get Free Report) was downgraded by research analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research note issued on Tuesday,Zacks.com reports.
Mr Price Group Price Performance
Shares of MRPLY stock opened at $10.15 on Tuesday. The business has a 50-day moving average price of $10.01 and a two-hundred day moving average price of $10.09. Mr Price Group has a 12-month low of $8.72 and a 12-month high of $13.29. The firm has a market cap of $267.67 million and a P/E ratio of 1.12.
About Mr Price Group
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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