Merit Group plc (LON:MRIT – Get Free Report) traded down 38% during trading on Tuesday . The stock traded as low as GBX 35 ($0.45) and last traded at GBX 37.50 ($0.49). 90,559 shares traded hands during mid-day trading, an increase of 414% from the average session volume of 17,617 shares. The stock had previously closed at GBX 60.50 ($0.79).
Wall Street Analyst Weigh In
Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 120 ($1.56) price objective on shares of Merit Group in a research note on Thursday, July 18th.
Read Our Latest Report on MRIT
Merit Group Stock Down 38.0 %
Merit Group Company Profile
Merit Group plc gathers, organizes, and enriches data that informs b2b intelligence brands in the United Kingdom, Belgium, the United States, France, Germany, and internationally. It operates in two segments, Merit Data & Technology and Dods. The company offers data, data engineering, and machine learning, as well as software and technology resourcing services.
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