Robinsons Retail (OTCMKTS:RRETY) Trading 31.8% Higher – Should You Buy?

Robinsons Retail Holdings, Inc. (OTCMKTS:RRETYGet Free Report)’s stock price shot up 31.8% on Wednesday . The stock traded as high as C$10.00 and last traded at C$10.00. 100 shares were traded during mid-day trading, a decline of 43% from the average session volume of 175 shares. The stock had previously closed at C$7.59.

Robinsons Retail Stock Performance

The company’s 50-day simple moving average is C$6.92 and its 200-day simple moving average is C$6.25.

Robinsons Retail Company Profile

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Robinsons Retail Holdings, Inc operates as a multi-format retail company in the Philippines. It operates through Supermarkets, Department Stores, Do-It-Yourself (DIY), Convenience Stores, Drug Stores, and Specialty Stores segments. The company also operates supermarkets under the Robinsons Supermarket brand that offer health and wellness, and fresh food products; and department stores under the Robinsons Department Store brand, which provide children's apparel and accessories; homes, snacks and stationery; shoes, bags, luggage and sportswear; ladies and men's apparel, beauty accessories, and furnishings.

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