Magazine Luiza S.A. (OTC:MGLUY – Get Free Report) was up 4.8% during trading on Friday . The stock traded as high as $6.55 and last traded at $6.55. Approximately 124 shares changed hands during trading, a decline of 83% from the average daily volume of 747 shares. The stock had previously closed at $6.25.
Magazine Luiza Trading Up 4.8%
The firm has a fifty day moving average price of $6.68 and a 200 day moving average price of $5.77.
About Magazine Luiza
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 and 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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