CTRL Group (NASDAQ:MCTR) Trading 17% Higher – Still a Buy?

CTRL Group Limited (NASDAQ:MCTR)’s stock price traded up 17% on Tuesday . The company traded as high as $2.48 and last traded at $2.34. 1,169,776 shares traded hands during mid-day trading, an increase of 483% from the average session volume of 200,717 shares. The stock had previously closed at $2.00.

Analyst Upgrades and Downgrades

Separately, Wall Street Zen downgraded shares of CTRL Group from a “hold” rating to a “sell” rating in a research report on Saturday, August 16th.

CTRL Group Stock Up 17.0%

The stock’s fifty day moving average price is $2.14 and its 200-day moving average price is $4.99.

Institutional Trading of CTRL Group

An institutional investor recently bought a new position in CTRL Group stock. Geode Capital Management LLC bought a new stake in CTRL Group Limited (NASDAQ:MCTR) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 10,619 shares of the company’s stock, valued at approximately $30,000. Geode Capital Management LLC owned approximately 0.07% of CTRL Group at the end of the most recent quarter.

CTRL Group Company Profile

Ctrl Group Ltd. is a holding company, which engages in the provision of marketing and advertising services. It offers one-stop advertising services to clients throughout the entire advertising process, which comprises the planning, creating, launching, managing, and performance monitoring of the advertisements.