Grupo Lala (OTCMKTS:GRPBF) Trading 6.3% Higher – Still a Buy?

Grupo Lala, S.A.B. de C.V. (OTCMKTS:GRPBF)’s stock price shot up 6.3% during mid-day trading on Monday . The company traded as high as $0.84 and last traded at $0.84. 1,200 shares traded hands during mid-day trading, a decline of 89% from the average session volume of 11,197 shares. The stock had previously closed at $0.79.

Grupo Lala Stock Up 6.3 %

The stock’s fifty day simple moving average is $0.84 and its 200-day simple moving average is $0.84.

About Grupo Lala

Grupo Lala, SAB. de C.V. operates as a food and beverage company in Mexico, Brazil, the United States, and Central America. The company operates through three segments: Milk, Dairy Products, and Beverages and Others. The company offers milks and dairy formulas, yogurt, cheese, cream, butter, probiotic drinks, butter and margarine, flavored milks, cold meats, ice creams, desserts etc., as well as juice and fruit drinks, sausages, mayonnaise, and other products, such as packaging materials.It serves customers under the Lala, Nutrileche, Nutrideli, Nutrilety, Vigor, Borden, Promised Land, Eskimo, La Perfecta, Faixa Azul, Amelia, Danubio, Mesa, Fong, Serrabella, LecoYomi, Chiquitin, Soy Vita, Aquafrut, Plenia, Chambourcy, Fiorelo, Mileche, Boreal, Frusion, Nordica, Skim Plus, Monarca, Los Volcanes, Yome Lala, Queen, Promise Land, Reino Jong, and Le Chef brand names.