Parkson Retail Group (OTCMKTS:PKSGY) Share Price Passes Above 50-Day Moving Average – Here’s Why

Parkson Retail Group Ltd. (OTCMKTS:PKSGYGet Free Report) shares passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.28 and traded as high as $0.28. Parkson Retail Group shares last traded at $0.28, with a volume of 0 shares traded.

Parkson Retail Group Stock Down 0.0%

The business’s 50 day simple moving average is $0.28 and its 200 day simple moving average is $0.27.

About Parkson Retail Group

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Parkson Retail Group (OTCMKTS:PKSGY) is a leading department store operator headquartered in Kuala Lumpur, Malaysia. The company specializes in offering a broad range of lifestyle merchandise, including women’s and men’s apparel, cosmetics, accessories, household goods and small appliances. Through its department store format, Parkson aims to provide a one-stop shopping environment that caters to mid- and upper-market consumers seeking both international and local brands under one roof.

Established in 1987 with the opening of its first store in Malaysia, Parkson has grown into one of Southeast Asia’s most recognized retail names.

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