Americanas (OTCMKTS:BTOOY) Shares Down 69.2% – Should You Sell?

Americanas S.A. (OTCMKTS:BTOOYGet Free Report)’s share price was down 69.2% during trading on Monday . The stock traded as low as $1.06 and last traded at $1.06. Approximately 144,300 shares were traded during mid-day trading, an increase of 199% from the average daily volume of 48,333 shares. The stock had previously closed at $3.45.

Americanas Trading Down 69.2 %

The business’s 50-day moving average is $1.06.

Americanas Company Profile

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Americanas SA engages in the e-commerce and marketplace businesses. It also offers consumer credit services; technology platform; and logistics, distribution, and customer service solutions. Its brand portfolio includes Americanas.com, Submarino, Shoptime, SouBarato, and Submarino Finance. The company was founded in 1999 and is headquartered in Rio de Janeiro, Brazil.

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