Martinrea International (OTCMKTS:MRETF) Shares Climb 0.3% – Still a Buy?

Martinrea International Inc. (OTCMKTS:MRETF – Get Free Report)’s share price was up 0.3% during trading on Tuesday. The company traded as high as $7.0740 and last traded at $7.0740. Approximately 4,155 shares changed hands during trading, a decline of 70% from the average daily volume of 13,963 shares. The stock had previously closed at $7.0550.

Martinrea International Price Performance

The company has a 50-day moving average of $7.41 and a 200-day moving average of $7.31.

Martinrea International Company Profile

(Get Free Report)

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.

Read More

Receive News & Ratings for Martinrea International Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Martinrea International and related companies with MarketBeat.com's FREE daily email newsletter.