Richelieu Hardware (OTCMKTS:RHUHF) Stock Price Passes Below 200 Day Moving Average of $30.71

Richelieu Hardware Ltd. (OTCMKTS:RHUHF)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $30.71 and traded as low as $29.21. Richelieu Hardware shares last traded at $29.21, with a volume of 0 shares.

Analyst Ratings Changes

RHUHF has been the subject of several recent analyst reports. National Bank Financial decreased their target price on shares of Richelieu Hardware from C$48.00 to C$47.50 in a report on Friday, October 6th. CIBC decreased their target price on shares of Richelieu Hardware from C$45.00 to C$44.00 in a report on Tuesday, October 10th.

Richelieu Hardware Trading Up 0.4 %

The stock’s fifty day simple moving average is $29.89 and its 200 day simple moving average is $30.71.

About Richelieu Hardware

Richelieu Hardware Ltd. manufactures, imports, and distributes specialty hardware and complementary products in North America. The company's principal product categories include furniture; glass and building decorative, and functional hardware; lighting systems; finishing and decorating products; ergonomic workstation components; kitchen and closet storage solutions; sliding door systems; decorative and functional panels; high-pressure laminates; railing and balusters; and floor protection products, as well as accessories for power tools.