Shares of Martinrea International Inc. (OTCMKTS:MRETF – Get Free Report) shot up 0.3% during mid-day trading on Tuesday. The company traded as high as $7.0740 and last traded at $7.0740. Approximately 4,155 shares were traded during trading, a decline of 70% from the average session volume of 13,963 shares. The stock had previously closed at $7.0550.
Martinrea International Stock Performance
The company’s 50 day moving average is $7.42 and its 200 day moving average is $7.31.
About Martinrea International
Martinrea International Inc is a Canadian automotive parts supplier headquartered in Vaughan, Ontario. The company designs, engineers and manufactures highly engineered components and assemblies for global vehicle manufacturers and other automotive customers.
Its products and services include metal-forming systems, fluid-management systems, lightweight structures, chassis components, fuel and brake lines, thermal-management components, and complex assemblies. Martinrea also develops technologies intended to reduce vehicle weight and support the integration of electrified vehicle systems, including battery-related components.
Founded in 2001, Martinrea serves automotive customers through manufacturing and engineering operations in North America, Europe and Asia.
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