The Bidvest Group (OTCMKTS:BDVSY) Shares Gap Down – Here’s What Happened

The Bidvest Group Limited (OTCMKTS:BDVSYGet Free Report)’s stock price gapped down before the market opened on Friday . The stock had previously closed at $29.26, but opened at $28.01. The Bidvest Group shares last traded at $28.0250, with a volume of 3,116 shares traded.

The Bidvest Group Stock Performance

The company has a market cap of $4.79 billion and a price-to-earnings ratio of 1.00. The firm’s 50-day moving average price is $29.06 and its 200 day moving average price is $29.09.

The Bidvest Group Company Profile

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The Bidvest Group Limited is a diversified services, trading and distribution company headquartered in Johannesburg, South Africa. Operating through a network of autonomous divisions, the group provides a wide range of services that span foodservice, industrial and commercial products, office and print solutions, travel and financial services, automotive aftermarket and freight management. Its decentralized structure allows each division to respond quickly to customer needs while leveraging the broader resources and scale of the group.

In its foodservice segment, Bidvest supplies fresh and frozen foods, beverages and catering equipment to restaurants, hotels, retail outlets and institutional clients.

Further Reading

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