Meggitt (OTCMKTS:MEGGF) Stock Price Down 0.2%

Meggitt plc (OTCMKTS:MEGGF) shares dropped 0.2% during mid-day trading on Wednesday . The stock traded as low as $8.09 and last traded at $8.09, approximately 4,359 shares were traded during mid-day trading. An increase of 185% from the average daily volume of 1,530 shares. The stock had previously closed at $8.11.

Separately, Societe Generale lowered shares of Meggitt from a “hold” rating to a “sell” rating in a report on Wednesday, August 28th.

The firm has a 50 day moving average price of $7.90 and a two-hundred day moving average price of $7.24.

Meggitt Company Profile (OTCMKTS:MEGGF)

Meggitt PLC designs and manufactures components and sub-systems for aerospace, defense, energy, medical, industrial, test, and automotive markets in the United Kingdom, rest of Europe, the United States, and internationally. It operates through Meggitt Aircraft Braking Systems, Meggitt Control Systems, Meggitt Polymers & Composites, Meggitt Sensing Systems, and Meggitt Equipment Group segments.

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