Grupo Comercial Chedraui (OTCMKTS:GCHEF) Share Price Passes Below 200 Day Moving Average – Time to Sell?

Shares of Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEFGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $7.72 and traded as low as $7.19. Grupo Comercial Chedraui shares last traded at $7.19, with a volume of 3,000 shares traded.

Grupo Comercial Chedraui Trading Down 1.8%

The firm has a 50-day moving average of $7.56 and a two-hundred day moving average of $7.72.

Grupo Comercial Chedraui Company Profile

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Grupo Comercial Chedraui, SAB. de C.V. operates selfservice stores. The company operates supermarkets for fruits and vegetables; res, pig, aves, fish, shrimp and shellfish, and other meats; coffee and tea, cereals and bars, cookies, soups, pastas, and purees; sausages, ham, bacon, and other cold meats; creams, eggs, leche, butter, marfarines, shortenings, yoghurt, and fermented; and cheese products.

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