Mabuchi Motor (OTCMKTS:MBUMY) Trading Up 17% – What’s Next?

Mabuchi Motor Co., Ltd. (OTCMKTS:MBUMYGet Free Report) shares were up 17% during mid-day trading on Wednesday . The company traded as high as $8.00 and last traded at $8.00. Approximately 212 shares traded hands during trading, a decline of 39% from the average daily volume of 350 shares. The stock had previously closed at $6.84.

Mabuchi Motor Stock Up 17.0 %

The stock’s fifty day moving average price is $6.79 and its 200 day moving average price is $7.32.

About Mabuchi Motor

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Mabuchi Motor Co, Ltd. engages in the manufacture and sale of small electric motors. It provides motors for use in automotive products, home appliances, power tools, housing equipment, office equipment, health and medical care products, light electric vehicles, collaborative robots, and personal care products.

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