Public Joint Stock Company Magnit (LON:MGNT – Get Free Report) dropped 33.1% during mid-day trading on Thursday . The company traded as low as GBX 6.56 ($0.09) and last traded at GBX 6.56 ($0.09). Approximately 100 shares traded hands during mid-day trading, a decline of 100% from the average daily volume of 1,012,682 shares. The stock had previously closed at GBX 9.80 ($0.13).
Public Joint Stock Company Magnit Price Performance
The company has a 50-day moving average price of GBX 6.56 and a two-hundred day moving average price of GBX 6.55.
About Public Joint Stock Company Magnit
Magnit PAO, formerly Magnit OAO (Magnit OJSC) is a Russia-based holding company, which is engaged in the food retail industry. The Company operates the chain of numerous convenience stores and hypermarkets, as well as Magnit Family stores in more than 1,763 locations across the Russian Federation. The Company’s stores are located within the Southern, Central and Volga Regions, North-Western and Urals Regions.
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