Shoprite (OTCMKTS:SRGHY) Trading Up 0.3% – Should You Buy?
by Sarita Garza · The Markets DailyShoprite Holdings Ltd (OTCMKTS:SRGHY – Get Free Report)’s stock price shot up 0.3% on Friday . The company traded as high as $15.63 and last traded at $15.63. 11,623 shares were traded during mid-day trading, an increase of 145% from the average session volume of 4,737 shares. The stock had previously closed at $15.59.
Shoprite Stock Performance
The firm has a 50 day simple moving average of $16.61 and a 200-day simple moving average of $16.55.
About Shoprite
Shoprite Holdings Ltd, an investment holding company, primarily engages in the food retailing business in South Africa and internationally. The company operates through four segments: Supermarkets RSA, Supermarkets Non-RSA, Furniture, and Other Operating segments. It also offers clothing, general merchandise, cosmetics, and liquor products; furniture and home entertainment products; and electrical and household appliances.
Featured Stories
- Five stocks we like better than Shoprite
- Ride Out The Recession With These Dividend Kings
- Driving Forward: Lucid’s Growing Sales and Gravity SUV’s Impact
- The How and Why of Investing in Gold Stocks
- Why Amazon’s Next Earnings Could Trigger a Stock Breakout
- What is the MACD Indicator and How to Use it in Your Trading
- With This Kind of Data, The Fed Isn’t Cutting Rates This Year