hhgregg (OTCMKTS:HGGGQ) Shares Cross Above 50-Day Moving Average – Here’s Why

hhgregg, Inc. (OTCMKTS:HGGGQ)’s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $0.00 and traded as high as $0.0001. hhgregg shares last traded at $0.00, with a volume of 0 shares.

hhgregg Stock Down 100.0%

hhgregg Company Profile

hhgregg, trading on the OTC Markets under the symbol HGGGQ, is a U.S.-based retailer focused on consumer electronics, home appliances and related home goods. Founded in 1955 in Indianapolis, Indiana, by Henry Harold Gregg, the company built a reputation for offering a wide selection of major appliances, small kitchen appliances, televisions, audio equipment and home office solutions. At its peak, hhgregg operated over 200 stores across more than 20 states, serving both urban and suburban markets with in-store sales, delivery and installation services.

In March 2017, hhgregg filed for Chapter 11 bankruptcy and subsequently closed its remaining brick-and-mortar locations.