Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEF – Get Free Report)’s share price passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $7.61 and traded as low as $7.42. Grupo Comercial Chedraui shares last traded at $7.42, with a volume of 1,500 shares traded.
Grupo Comercial Chedraui Price Performance
The business has a 50 day simple moving average of $7.13 and a two-hundred day simple moving average of $7.61.
Grupo Comercial Chedraui Company Profile
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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