Raia Drogasil (OTCMKTS:RADLY) Shares Up 3.6% – Here’s What Happened

Raia Drogasil S.A. (OTCMKTS:RADLY)’s share price rose 3.6% on Friday . The company traded as high as $5.14 and last traded at $5.14. Approximately 20,494 shares changed hands during mid-day trading, a decline of 30% from the average daily volume of 29,081 shares. The stock had previously closed at $4.9620.

Raia Drogasil Stock Up 3.6%

The business’s 50 day moving average is $4.67 and its 200-day moving average is $4.05.

Raia Drogasil Company Profile

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.