Dollarama (OTCMKTS:DLMAF) Shares Pass Below Two Hundred Day Moving Average – Time to Sell?

Shares of Dollarama Inc. (OTCMKTS:DLMAFGet Free Report) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $99.11 and traded as low as $92.66. Dollarama shares last traded at $92.89, with a volume of 125,294 shares traded.

Dollarama Trading Down 0.8 %

The firm has a fifty day simple moving average of $99.79 and a 200-day simple moving average of $99.16.

About Dollarama

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Dollarama Inc operates a chain of dollar stores in Canada. Its stores offer general merchandise, consumables, and seasonal products. It also sells its products through online store. The company was formerly known as Dollarama Capital Corporation and changed its name to Dollarama Inc in September 2009.

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