Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEF – Get Free Report)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $5.76 and traded as low as $5.50. Grupo Comercial Chedraui shares last traded at $5.50, with a volume of 100 shares.
Grupo Comercial Chedraui Price Performance
The business’s fifty day simple moving average is $5.15 and its 200 day simple moving average is $5.75.
About Grupo Comercial Chedraui
Grupo Comercial Chedraui, SAB. de C.V. (OTCMKTS:GCHEF) is a Mexico‐based retail company that operates a network of supermarkets and department stores. The company’s core business centers on the sale of groceries, household items, apparel and general merchandise to both urban and suburban customers. Through its primary Chedraui banner, it offers a range of private-label and national brands, including fresh produce, meat and bakery products, as well as electronics and home furnishings.
In addition to its operations in Mexico, Grupo Comercial Chedraui has pursued a strategic presence in the United States under the El Super and Fiesta banners.
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