Raia Drogasil (OTCMKTS:RADLY) Shares Down 0.8% – Here’s Why

Raia Drogasil S.A. (OTCMKTS:RADLYGet Free Report) shares dropped 0.8% during mid-day trading on Monday . The company traded as low as $4.0920 and last traded at $4.0920. Approximately 25,971 shares were traded during mid-day trading, an increase of 30% from the average daily volume of 20,053 shares. The stock had previously closed at $4.1250.

Raia Drogasil Stock Performance

The business’s 50-day simple moving average is $4.10 and its 200 day simple moving average is $3.42.

About Raia Drogasil

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Raia Drogasil SA is a leading Brazilian retail pharmacy operator, offering a comprehensive range of prescription and over-the-counter medications, health and wellness products, personal care and beauty items, as well as a selection of convenience goods. The company’s network of stores operates under the Raia and Drogasil banners, serving diverse consumer needs across major urban centers. Complementary services include in-store prescription dispensing, compounding pharmacies and health screening programs such as blood pressure and glucose monitoring.

The company was formed in 2011 through the merger of two established Brazilian pharmacy chains, Drogasil and Droga Raia, each with origins dating back several decades.

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