ME Group International plc (LON:MEGP - Get Free Report)'s share price traded up 0.4% during trading on Tuesday . The company traded as high as GBX 229.50 ($2.91) and last traded at GBX 225.50 ($2.86). 225,273 shares traded hands during mid-day trading, a decline of 55% from the average session volume of 496,191 shares. The stock had previously closed at GBX 224.50 ($2.84).
Analysts Set New Price Targets
Separately, Berenberg Bank reaffirmed a "buy" rating and issued a GBX 270 ($3.42) target price on shares of ME Group International in a research report on Wednesday.
Read Our Latest Research Report on ME Group International
ME Group International Trading Down 1.1 %
The business has a fifty day simple moving average of GBX 210.84 and a 200 day simple moving average of GBX 191.54. The stock has a market capitalization of £840.17 million, a P/E ratio of 1,534.31 and a beta of 1.20.
About ME Group International
(
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ME Group International plc operates, sells, and services a range of instant-service equipment in the United Kingdom. The company operates through Asia Pacific, Continental Europe, and United Kingdom and Ireland segments. It operates coin-operated automatic photobooths for identification and fun purposes, as well as vending equipment, including digital photo kiosks, laundry machines, business service equipment, amusement machines, and children's rides.
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