Magazine Luiza (OTC:MGLUY) Stock Price Up 6.1%

Magazine Luiza S.A. (OTC:MGLUYGet Free Report)’s stock price rose 6.1% during trading on Friday . The company traded as high as $1.66 and last traded at $1.66. Approximately 230 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 1,504 shares. The stock had previously closed at $1.56.

Magazine Luiza Stock Performance

The firm’s fifty day moving average is $1.61 and its 200-day moving average is $1.69.

Magazine Luiza Company Profile

(Get Free Report)

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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