The Bidvest Group (OTCMKTS:BDVSY) Shares Up 2.1% – Here’s Why

The Bidvest Group Limited (OTCMKTS:BDVSY)’s stock price was up 2.1% on Monday . The stock traded as high as $27.39 and last traded at $27.1716. Approximately 24,311 shares changed hands during trading, a decline of 2% from the average daily volume of 24,826 shares. The stock had previously closed at $26.62.

The Bidvest Group Stock Up 1.9%

The stock’s fifty day simple moving average is $29.69 and its 200-day simple moving average is $27.78.

About The Bidvest Group

The Bidvest Group Limited is a diversified services, trading and distribution company headquartered in Johannesburg, South Africa. Operating through a network of autonomous divisions, the group provides a wide range of services that span foodservice, industrial and commercial products, office and print solutions, travel and financial services, automotive aftermarket and freight management. Its decentralized structure allows each division to respond quickly to customer needs while leveraging the broader resources and scale of the group.

In its foodservice segment, Bidvest supplies fresh and frozen foods, beverages and catering equipment to restaurants, hotels, retail outlets and institutional clients.