Magazine Luiza S.A. (OTC:MGLUY – Get Free Report) was down 11.5% during mid-day trading on Monday . The company traded as low as $4.08 and last traded at $4.08. Approximately 215 shares changed hands during mid-day trading, a decline of 60% from the average daily volume of 541 shares. The stock had previously closed at $4.61.
Magazine Luiza Stock Down 11.5 %
The business’s fifty day moving average is $6.22 and its 200-day moving average is $7.76.
About Magazine Luiza
Magazine Luiza SA engages in the retail sale of consumer goods. It operates through Retail, Financial Operations, Insurance Operations, and Other Services segments. The company also grants credit and provides extended warranties for its products. In addition, it is involved in the provision of consortium and management services; and e-commerce of perfumes, cosmetics, sports, and fashion products, as well as product delivery management and software development services.
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