MHP share quotations drop after 1-week rise, down 4.8% to USD 3.15 per share October 16-20

In the period of October 16-20, the quotations of shares of Kyiv-based MHP, one of the largest poultry meat producers, at the London Stock Exchange decreased by 4.8% or USD 0.16 to USD 3.15 per share, after growing for one week.

That follows from the company's data posted on the stock exchange's official website, Ukrainian News Agency reports.

According to the data, on October 16, the shares were quoted at USD 3.31 per share; on October 17, the quotations increased to USD 3.35 per share; but on October 18, they decreased to USD 3.22 per share.

On October 19, the share quotations decreased to USD 3.16 per share; and on October 19, they further decreased to USD 3.15 per share.

Deals were made throughout the week.

Since the beginning of the year, the quotations of the company's shares have decreased by 15.8% (compared to the quotation level on January 3 - USD 3.74 per share).

As Ukrainian News Agency earlier reported, in the period of October 9-13, the quotations of shares of MHP at the London Stock Exchange increased by 4.4% or USD 0.14 to USD 3.35 per share, after falling for five weeks.

For 2022, MHP stock fell by 44.2% or by USD 2.97 per share to USD 3.75 per share.

On February 2, 2021, the Myronivskyi Khliboprodukt company officially changed its legal name to MHP.

MHP is a vertically integrated complex of enterprises for the production of chicken meat, hatching eggs, and fodder.

Yurii Kosiuk is the founder of the company.

MHP shares have been listed in the form of global depository receipts on the stock exchange since 2008.