JB Hi-Fi (OTCMKTS:JBHIF) Trading Down 8.8% – Here’s What Happened

Shares of JB Hi-Fi Limited (OTCMKTS:JBHIFGet Free Report) dropped 8.8% during trading on Tuesday . The stock traded as low as C$57.92 and last traded at C$57.92. Approximately 400 shares were traded during mid-day trading, a decline of 38% from the average daily volume of 640 shares. The stock had previously closed at C$63.50.

JB Hi-Fi Price Performance

The company’s 50-day simple moving average is C$58.12 and its 200 day simple moving average is C$53.96.

About JB Hi-Fi

(Get Free Report)

JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It provides computers, such as laptops, desktop PCs, iPads, tablets, eBook readers, monitors and projectors, printers and ink, storage devices, keyboards and mouse, computer accessories, as well as software, and home internet and wi-fi products; televisions; headphones, speakers, and audio devices; and smart home appliances.

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