Meituan Unsponsored ADR (OTCMKTS:MPNGY – Get Free Report) was the target of a significant decrease in short interest in the month of April. As of April 30th, there was short interest totaling 304,252 shares, a decrease of 34.4% from the April 15th total of 463,629 shares. Based on an average daily volume of 286,065 shares, the short-interest ratio is presently 1.1 days. Currently, 0.0% of the shares of the company are sold short.
Meituan Trading Up 0.8%
Shares of Meituan stock traded up $0.17 during trading on Monday, hitting $20.93. The stock had a trading volume of 15,361 shares, compared to its average volume of 321,900. The company’s 50-day moving average price is $21.08. Meituan has a 12 month low of $18.56 and a 12 month high of $37.88. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.68 and a current ratio of 1.71.
Meituan Company Profile
Meituan is a China-based technology company that operates a leading local services platform connecting consumers with merchants and service providers. The company offers a broad range of on-demand services, including food delivery, restaurant discovery, hotel and travel bookings, grocery delivery, and other lifestyle services through its mobile app and online platform.
Founded in 2010, Meituan has grown into one of the largest internet platforms in China focused on everyday consumer services.
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