Shoprite Holdings Ltd (OTCMKTS:SRGHY – Get Free Report)’s share price was down 3.1% on Friday . The company traded as low as $17.19 and last traded at $17.19. Approximately 4,401 shares changed hands during trading, an increase of 15% from the average daily volume of 3,838 shares. The stock had previously closed at $17.7370.
Shoprite Stock Down 3.1%
The company’s 50 day moving average price is $17.30 and its two-hundred day moving average price is $16.69.
Shoprite Company Profile
Shoprite Holdings Limited, trading in the form of American Depositary Receipts under the symbol SRGHY on the OTC Markets, is the largest food retailer on the African continent. Headquartered in Brackenfell, South Africa, the company operates a diversified portfolio of supermarkets, hypermarkets and convenience stores. Its retail network serves both urban and rural markets with a focus on affordability, quality fresh produce and a broad range of everyday household items.
The company’s core retail brands include Shoprite, Checkers, Checkers Hyper, Usave and OK Furniture, each tailored to specific market segments.
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