Munters Group AB (publ) (OTCMKTS:MMNNF) Stock Price Up 14.5% – Still a Buy?

Shares of Munters Group AB (publ) (OTCMKTS:MMNNF) rose 14.5% during mid-day trading on Wednesday . The company traded as high as C$17.75 and last traded at C$17.75. Approximately 400 shares were traded during trading, a decline of 50% from the average daily volume of 807 shares. The stock had previously closed at C$15.50.

Munters Group AB (publ) Price Performance

The company has a 50 day moving average price of C$17.91 and a 200 day moving average price of C$20.53.

Munters Group AB (publ) Company Profile

Munters Group AB (publ) provides climate solutions in Sweden and internationally. The company operates through three segments: AirTech, Data Center Technologies, and FoodTech. It offers air intakes/air inlets, combined temperature and humidity control products, dehumidifiers, heat exchangers, mass transfer solutions and equipment, pollution control and VOC abatements, air cleaners for agriculture, climate and irrigation controllers for agriculture, coolers and humidifiers, fans and light traps, heaters, and mist eliminators.