Allegro.eu (OTCMKTS:ALEGF) Trading Down 15.8%

Allegro.eu SA (OTCMKTS:ALEGFGet Rating) shares fell 15.8% on Thursday . The stock traded as low as $5.05 and last traded at $5.05. 141,250 shares changed hands during mid-day trading, an increase of 435% from the average session volume of 26,381 shares. The stock had previously closed at $6.00.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group downgraded Allegro.eu from a “buy” rating to a “neutral” rating in a research note on Wednesday, April 27th.

Allegro.eu Price Performance

The firm’s 50-day moving average is $5.96 and its 200-day moving average is $8.50.

Allegro.eu Company Profile

(Get Rating)

Allegro.eu SA operates a go-to commerce platform for consumers in Poland. It operates allegro.pl, an e-commerce marketplace that sell products in various categories, including automotive; home and garden; books, media, collectibles, and art; fashion and shoes; electronics; kids; health and beauty; sports and leisure; and supermarket.

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