Grupo Comercial Chedraui (OTCMKTS:GCHEF) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEFGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $6.88 and traded as low as $5.86. Grupo Comercial Chedraui shares last traded at $5.86, with a volume of 1,500 shares trading hands.

Grupo Comercial Chedraui Trading Down 2.3 %

The firm has a fifty day simple moving average of $6.28 and a 200-day simple moving average of $6.88.

About Grupo Comercial Chedraui

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Grupo Comercial Chedraui, SAB. de C.V. operates selfservice stores. The company operates supermarkets for fruits and vegetables; res, pig, aves, fish, shrimp and shellfish, and other meats; coffee and tea, cereals and bars, cookies, soups, pastas, and purees; sausages, ham, bacon, and other cold meats; creams, eggs, leche, butter, marfarines, shortenings, yoghurt, and fermented; and cheese products.

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