Pick n Pay Stores (OTCMKTS:PKPYY) Trading Down 7.4%

Pick n Pay Stores Limited (OTCMKTS:PKPYYGet Free Report) shares dropped 7.4% during mid-day trading on Thursday . The stock traded as low as $5.35 and last traded at $5.41. Approximately 200 shares were traded during trading, an increase of 50% from the average daily volume of 133 shares. The stock had previously closed at $5.84.

Pick n Pay Stores Stock Performance

The firm has a 50 day moving average of $5.93 and a 200-day moving average of $8.08.

About Pick n Pay Stores

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Pick n Pay Stores Limited, together with its subsidiaries, engages in the retail of food, grocery, clothing, liquor, and general merchandise products in South Africa and Rest of Africa. It owns and franchises hypermarkets, supermarkets, clothing stores, liquor stores, superstores, build stores, punch stores, and express stores under the Pick n Pay and Boxer brands.

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