Raia Drogasil (OTCMKTS:RADLY) Trading Up 14.6% – Still a Buy?

Raia Drogasil S.A. (OTCMKTS:RADLYGet Free Report) shares rose 14.6% on Thursday . The company traded as high as $4.12 and last traded at $4.12. Approximately 1,525 shares changed hands during trading, a decline of 97% from the average session volume of 57,925 shares. The stock had previously closed at $3.5960.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised Raia Drogasil to a “hold” rating in a research report on Thursday, April 9th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, the company presently has a consensus rating of “Hold”.

View Our Latest Analysis on Raia Drogasil

Raia Drogasil Price Performance

The stock has a 50-day moving average of $3.58 and a 200 day moving average of $4.28.

About Raia Drogasil

(Get Free Report)

Raia Drogasil SA is a leading Brazilian retail pharmacy operator, offering a comprehensive range of prescription and over-the-counter medications, health and wellness products, personal care and beauty items, as well as a selection of convenience goods. The company’s network of stores operates under the Raia and Drogasil banners, serving diverse consumer needs across major urban centers. Complementary services include in-store prescription dispensing, compounding pharmacies and health screening programs such as blood pressure and glucose monitoring.

The company was formed in 2011 through the merger of two established Brazilian pharmacy chains, Drogasil and Droga Raia, each with origins dating back several decades.

Further Reading

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