Kesko Oyj (OTCMKTS:KKOYY) Stock Price Up 2.2% – Should You Buy?

Kesko Oyj (OTCMKTS:KKOYYGet Free Report)’s stock price rose 2.2% during mid-day trading on Friday . The company traded as high as $12.31 and last traded at $12.28. Approximately 43,278 shares changed hands during mid-day trading, an increase of 96% from the average daily volume of 22,120 shares. The stock had previously closed at $12.0150.

Kesko Oyj Price Performance

The company has a 50-day moving average of $11.92 and a 200-day moving average of $11.19.

About Kesko Oyj

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Kesko Oyj is a Finnish retail conglomerate headquartered in Helsinki. The company operates through four main divisions—grocery trade, building and technical trade, car trade, and agricultural and machinery trade—serving both consumer and professional customers. Kesko is publicly listed on the Nasdaq Helsinki exchange and maintains an American Depositary Receipt (ADR) program on the OTC market under the ticker KKOYY.

In its grocery trade segment, Kesko supplies a network of K-food stores, including K-Citymarket, K-Supermarket and K-Market, offering fresh produce, everyday household goods, and private-label products.

Further Reading

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