Gafisa S.A. (OTCMKTS:GFASY – Get Free Report) shares fell 25.9% on Friday . The company traded as low as $0.20 and last traded at $0.20. 261 shares were traded during mid-day trading, a decline of 93% from the average session volume of 3,791 shares. The stock had previously closed at $0.27.
Gafisa Stock Down 25.9 %
The stock’s 50 day moving average price is $0.46 and its 200-day moving average price is $0.92.
About Gafisa
Gafisa SA operates as a development and construction company under the Gafisa brand name in Brazil. The company is involved in residential, commercial, and hotel projects. It also provides technical consultancy services, and real estate management and construction services to third parties. Gafisa SA was founded in 1954 and is headquartered in São Paulo, Brazil.
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