Meliá Hotels International (OTCMKTS:SMIZF) Stock Price Up 5.5% – Still a Buy?

Meliá Hotels International, S.A. (OTCMKTS:SMIZFGet Free Report) shot up 5.5% on Tuesday . The stock traded as high as $7.16 and last traded at $7.16. 200 shares changed hands during trading, a decline of 88% from the average session volume of 1,600 shares. The stock had previously closed at $6.78.

Meliá Hotels International Stock Up 5.5 %

The business’s 50 day moving average price is $7.39 and its 200-day moving average price is $7.09.

About Meliá Hotels International

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Meliá Hotels International, SA owns, manages, operates, leases, and franchises hotels worldwide. It operates through Hotel Management, Hotel Business, Other Business Linked to Hotel Management, Real Estate, and Vacation Club segments. The company operates hotels under the Gran Meliá Hotels & Resorts, Paradisus by Meliá, ME by Meliá, Meliá Hotels & Resorts, INNSIDE by Meliá, Sol by Meliá, ZEL, and Circle by Melia brand names, as well as Meliá PRO.

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