Magazine Luiza S.A. (OTC:MGLUY – Get Free Report)’s share price was down 2.3% during mid-day trading on Friday . The stock traded as low as $1.08 and last traded at $1.08. Approximately 132 shares were traded during trading, a decline of 89% from the average daily volume of 1,161 shares. The stock had previously closed at $1.11.
Magazine Luiza Stock Performance
The company’s 50 day simple moving average is $1.46 and its 200-day simple moving average is $1.54.
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 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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