Eurocash (OTCMKTS:EUSHY) Trading Down 50.4% – Here’s Why

Eurocash S.A. (OTCMKTS:EUSHY) was down 50.4% during trading on Wednesday . The stock traded as low as $1.9250 and last traded at $1.9250. Approximately 344 shares traded hands during mid-day trading, an increase of 38% from the average daily volume of 250 shares. The stock had previously closed at $3.88.

Eurocash Stock Down 50.4%

The firm’s 50 day simple moving average is $2.23 and its 200 day simple moving average is $2.67.

Eurocash Company Profile

Eurocash SA is a Poland‐based distributor of fast‐moving consumer goods (FMCG), serving primarily independent small and medium‐sized retailers across Poland. Through a network of wholesale outlets and logistics centers, the company supplies a broad range of grocery and non‐food products, including fresh and frozen foods, beverages, household goods and personal care items. Eurocash’s operations are designed to support local shop owners, gas stations and convenience stores with efficient ordering, delivery and merchandising solutions.

The company’s business model combines direct distribution, cash‐and‐carry outlets and franchise partnerships under brands such as ABC, Groszek and Delikatesy Centrum.