Magazine Luiza S.A. (OTC:MGLUY – Get Free Report) traded down 2.5% during mid-day trading on Tuesday . The company traded as low as $6.94 and last traded at $6.94. 800 shares traded hands during trading, a decline of 9% from the average session volume of 883 shares. The stock had previously closed at $7.12.
Magazine Luiza Stock Down 2.5 %
The business’s 50 day moving average price is $5.64 and its 200 day moving average price 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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