Magazine Luiza S.A. (OTC:MGLUY – Get Free Report) shares were up 2% during mid-day trading on Thursday . The stock traded as high as $6.00 and last traded at $5.66. Approximately 351 shares traded hands during mid-day trading, a decline of 44% from the average daily volume of 626 shares. The stock had previously closed at $5.55.
Magazine Luiza Stock Performance
The stock’s 50 day simple moving average is $6.77 and its 200-day simple moving average is $6.03.
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 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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