MISUMI Group (OTCMKTS:MSSMY) Trading Up 0.8% – Here’s What Happened

Shares of MISUMI Group Inc. (OTCMKTS:MSSMYGet Free Report) shot up 0.8% during mid-day trading on Friday . The company traded as high as $7.38 and last traded at $7.36. 8,734 shares changed hands during trading, a decline of 57% from the average session volume of 20,312 shares. The stock had previously closed at $7.30.

MISUMI Group Stock Performance

The stock has a 50-day simple moving average of $7.83 and a 200-day simple moving average of $8.43.

MISUMI Group Company Profile

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MISUMI Group Inc engages in the factory automation and die components businesses worldwide. The company operates through three segments: FA Business, Die Components Business, and VONA Business. It offers mechanical components, including shafts, timing pulleys, linear bushings, and flat belt conveyors; and locator devices and measurement equipment, such as automatic stage units, actuators, optical measurement devices, and optical waveguide alignment products.

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