Eurocash (OTCMKTS:EUSHY) Stock Falls 20.4% – What’s Next?

Eurocash S.A. (OTCMKTS:EUSHY – Get Free Report)’s share price traded down 20.4% on Friday. The stock traded as low as $1.0346 and last traded at $1.19. Approximately 465 shares changed hands during mid-day trading, an increase of 86% from the average session volume of 250 shares. The stock had previously closed at $1.4948.

Eurocash Trading Down 20.4%

The company has a 50-day moving average of $1.56 and a 200-day moving average of $1.67.

Eurocash Company Profile

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Eurocash SA is a Poland-based distributor and retailer of fast-moving consumer goods. The company supplies groceries, beverages, household products, personal-care items and related goods to independent stores, retail chains, restaurants and other businesses across Poland.

Its operations include wholesale distribution through Eurocash Cash & Carry outlets and delivery-based distribution businesses, as well as specialized activities serving the food-service and alcohol markets. Eurocash also provides logistics, purchasing, technology and marketing support to independent retailers and franchisees.

The group operates and supports several retail formats and networks in Poland, including the abc and Delikatesy Centrum concepts, and has been associated with other independent retail networks such as Lewiatan.

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