Group (OTCMKTS:MLRYY) Shares Down 4.8%

Shares of Group Limited (OTCMKTS:MLRYY) traded down 4.8% during mid-day trading on Monday . The stock traded as low as $20.55 and last traded at $20.55. 1,157 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 1,430 shares. The stock had previously closed at $21.58.

Separately, JPMorgan Chase & Co. lowered their target price on Group from $29.00 to $27.00 and set a “neutral” rating on the stock in a report on Friday, July 30th.

The company has a market cap of $4.92 billion, a PE ratio of -28.94 and a beta of 0.74. The company has a quick ratio of 1.19, a current ratio of 1.19 and a debt-to-equity ratio of 0.29. The business has a 50-day simple moving average of $20.77 and a 200-day simple moving average of $22.08.

About Group (OTCMKTS:MLRYY) Group Limited operates as an Internet company in primarily in Russia and other CIS states. The company operates through Communications and Social, Games, and New Initiatives segments. It operates Cloud, a service to store files in the cloud; Search, a search engine; Youla, a location-based marketplace; and Delivery Club, food delivery service, as well as VK, OK, and My World social networks.

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