Shares of Mercari, Inc. (OTCMKTS:MCARY – Get Free Report) were up 12.3% during mid-day trading on Wednesday. The stock traded as high as $11.22 and last traded at $11.22. Approximately 12,754 shares were traded during mid-day trading, an increase of 442% from the average session volume of 2,354 shares. The stock had previously closed at $9.99.
Mercari Price Performance
The firm’s 50 day simple moving average is $12.03 and its 200-day simple moving average is $12.26.
About Mercari
Mercari, Inc is a Japan-based technology company that operates a mobile and online marketplace for consumer-to-consumer commerce. Through its Mercari platform, individuals can list, discover, purchase and sell a wide range of new and pre-owned goods, including clothing, electronics, collectibles, household items and other merchandise.
Founded in 2013 by Shintaro Yamada, Mercari has developed its marketplace around mobile-first listing, search, communications, payments and shipping features.
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