Lojas Renner (OTCMKTS:LRENY) Stock Price Down 11.1% – Here’s Why

Lojas Renner S.A. (OTCMKTS:LRENYGet Free Report)’s share price dropped 11.1% on Thursday . The company traded as low as $3.11 and last traded at $3.11. Approximately 600 shares changed hands during trading, a decline of 95% from the average daily volume of 13,038 shares. The stock had previously closed at $3.50.

Lojas Renner Stock Performance

The company’s 50 day moving average price is $3.11 and its 200-day moving average price is $3.12.

About Lojas Renner

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Lojas Renner SA, together with its subsidiaries, operates as a fashion and lifestyle company in Brazil, Argentina, and Uruguay. The company operates in Retail and Financial Products segments. It engages in the trade of clothes and sports products, shoes, accessories, perfumery, domestic appliances, towels and linen, furniture, and decoration articles, as well as cosmetics.

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