Magazine Luiza S.A. (OTC:MGLUY – Get 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
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.
See Also
- Five stocks we like better than Magazine Luiza
- What does consumer price index measure?
- What is a Microcap Stock? Everything You Need to Know
- The How and Why of Investing in Gold Stocks
- How to Invest in Casino Stocks: Pros and Cons and More
- P/E Ratio Calculation: How to Assess Stocks
- How to Invest in Cannabis in 8 Easy Steps
Receive News & Ratings for Magazine Luiza Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Magazine Luiza and related companies with MarketBeat.com's FREE daily email newsletter.