Mabuchi Motor (OTCMKTS:MBUMY) Trading 17% Higher – Time to Buy?

Mabuchi Motor Co., Ltd. (OTCMKTS:MBUMY – Get Free Report) traded up 17% during trading on Wednesday . The stock traded as high as $8.00 and last traded at $8.00. 212 shares changed hands during trading, a decline of 39% from the average session volume of 350 shares. The stock had previously closed at $6.84.

Mabuchi Motor Price Performance

The stock has a 50-day moving average of $6.81 and a two-hundred day moving average of $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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