Dino Polska (OTCMKTS:DNOPY) Stock Price Down 2% – Here’s Why

Dino Polska S.A. (OTCMKTS:DNOPY)’s share price traded down 2% during mid-day trading on Monday. The stock traded as low as $8.01 and last traded at $8.40. 52,232 shares changed hands during trading, a decline of 22% from the average daily volume of 67,166 shares. The stock had previously closed at $8.5750.

Analyst Ratings Changes

Separately, Jefferies Financial Group assumed coverage on shares of Dino Polska in a research report on Monday, September 21st. They issued a “hold” rating and a $32.00 price objective for the company. One research analyst has rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $32.00.

Dino Polska Trading Down 2.0%

The firm has a fifty day moving average price of $9.10 and a 200-day moving average price of $8.77.

About Dino Polska

Dino Polska SA is a Poland-based retail company that operates a nationwide chain of proximity supermarkets under the Dino brand. Its stores primarily serve customers in smaller towns and rural communities, offering groceries, fresh food, household products, personal-care items and other everyday necessities.

The company’s business model focuses on conveniently located stores, a standardized store format and a product assortment tailored to local demand. Dino also operates supporting logistics and distribution infrastructure and has developed vertically integrated activities in areas such as meat processing, helping supply its retail network with selected fresh products.

Founded in 1999, Dino Polska has expanded across Poland and continues to focus its operations on the domestic market.