Atacadão (OTCMKTS:ATAAY) Shares Down 29.2% – Time to Sell?

Atacadão S.A. (OTCMKTS:ATAAYGet Free Report)’s stock price was down 29.2% during mid-day trading on Tuesday . The stock traded as low as C$5.00 and last traded at C$5.00. Approximately 100 shares traded hands during trading, The stock had previously closed at C$7.06.

Atacadão Stock Performance

The firm has a 50-day moving average of C$6.98 and a 200-day moving average of C$11.58.

About Atacadão

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Atacadão SA engages in the wholesale and retail of food, clothing, home appliances, electronics, and other products in Brazil. The company operates through Retail, Atacadão, and Financial Solutions segments. The company offers alcoholic and non-alcoholic beverages; chocolate and cocoa powders, sugar and sweeteners, baby foods, rice, oats and cereals, cookies, toasts and snacks, coffee, teas, canned and uncanned products, sweets and deserts, flour, bean, yeast, grains and seed, pasta and sauces, mixture for bakery and confectionery, oils, fats and lard, soups and creams, and seasonings and condiments; and bathroom, kitchen, pool, clothing, and general cleaning products.

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