Lojas Renner (OTCMKTS:LRENY) Shares Down 11.1% – Time to Sell?

Shares of Lojas Renner S.A. (OTCMKTS:LRENYGet Free Report) dropped 11.1% on Thursday . The stock traded as low as $3.11 and last traded at $3.11. Approximately 600 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 13,038 shares. The stock had previously closed at $3.50.

Lojas Renner Price Performance

The firm has a 50-day simple moving average of $3.11 and a two-hundred day simple moving average of $3.11.

About Lojas Renner

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Lojas Renner SA, together with its subsidiaries, operates as a fashion and lifestyle company in Brazil, Argentina, and Uruguay. The company operates in Retail and Financial Products segments. It engages in the trade of clothes and sports products, shoes, accessories, perfumery, domestic appliances, towels and linen, furniture, and decoration articles, as well as cosmetics.

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