Robinsons Retail (OTCMKTS:RRETY) Shares Down 24% – Here’s What Happened

Shares of Robinsons Retail Holdings, Inc. (OTCMKTS:RRETYGet Free Report) dropped 24% during mid-day trading on Monday . The stock traded as low as C$4.43 and last traded at C$4.43. 500 shares were traded during mid-day trading, an increase of 52% from the average session volume of 330 shares. The stock had previously closed at C$5.83.

Robinsons Retail Stock Performance

The business has a 50 day moving average of C$8.74 and a 200 day moving average of C$7.26.

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.

Further Reading

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