Magazine Luiza S.A. (OTC:MGLUY – Get Free Report) shares were down 2.5% during mid-day trading on Tuesday . The company traded as low as $6.94 and last traded at $6.94. Approximately 800 shares changed hands during trading, a decline of 9% from the average daily volume of 883 shares. The stock had previously closed at $7.12.
Magazine Luiza Trading Down 2.5 %
The business’s fifty day simple moving average is $5.64 and its 200-day simple moving average is $6.03.
About Magazine Luiza
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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