Localiza Rent a Car (OTCMKTS:LZRFY) Trading Down 1.2% – Time to Sell?

Localiza Rent a Car S.A. (OTCMKTS:LZRFYGet Free Report) was down 1.2% during mid-day trading on Wednesday . The company traded as low as $9.58 and last traded at $9.61. Approximately 1,167 shares traded hands during trading, a decline of 94% from the average daily volume of 20,836 shares. The stock had previously closed at $9.73.

Localiza Rent a Car Trading Down 1.2%

The business has a 50-day moving average of $8.84 and a 200 day moving average of $7.75.

Localiza Rent a Car Company Profile

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Localiza Rent a Car (OTCMKTS:LZRFY) is a leading mobility solutions provider headquartered in Belo Horizonte, Brazil. Founded in 1973, the company has built a strong reputation in the car rental industry, offering a broad range of services to both leisure and corporate customers. Over the decades, Localiza has expanded its footprint to become one of Latin America’s largest car rental and fleet management operators.

The company’s core activities include short- and long-term vehicle rentals, fleet management services and the sale of used vehicles.

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