China Intl Cap upgraded shares of Meituan (OTCMKTS:MPNGY – Free Report) to a strong-buy rating in a report published on Sunday morning,Zacks reports.
Meituan Trading Down 3.3%
OTCMKTS:MPNGY opened at $19.33 on Friday. Meituan has a one year low of $16.23 and a one year high of $27.54. The stock has a 50-day simple moving average of $21.06 and a 200 day simple moving average of $20.79.
About Meituan
Meituan is a China-based technology platform that connects consumers with businesses offering food, retail, travel, entertainment and other local services. Through its apps and websites, the company enables users to discover, compare and purchase products and services while providing merchants with marketing, transaction and operational tools.
The company’s core businesses include restaurant and food delivery, in-store dining and other local services, hotel and travel bookings, and retail delivery.
Read More
- Five stocks we like better than Meituan
- Will the Most Successful Quantum Firms Be Software Companies?
- Dutch Bros Sell-Off Creates a Growth Opportunity
- NVIDIA’s MediaTek Bet Shows How It Plans to Defend Its AI Moat
- Is Abercrombie & Fitch’s Hot Streak Just Getting Started?
Receive News & Ratings for Meituan Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Meituan and related companies with MarketBeat.com's FREE daily email newsletter.
