Grupo Comercial Chedraui (OTCMKTS:GCHEF) Shares Cross Below Two Hundred Day Moving Average – Time to Sell?

Grupo Comercial Chedraui, S.A.B. de C.V. (OTCMKTS:GCHEFGet Free Report) shares crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $6.46 and traded as low as $5.80. Grupo Comercial Chedraui shares last traded at $5.80, with a volume of 100 shares traded.

Grupo Comercial Chedraui Stock Performance

The firm’s 50 day simple moving average is $5.81 and its 200 day simple moving average is $6.45.

About Grupo Comercial Chedraui

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Grupo Comercial Chedraui, SAB. de C.V. operates selfservice stores. The company operates supermarkets for fruits and vegetables; res, pig, aves, fish, shrimp and shellfish, and other meats; coffee and tea, cereals and bars, cookies, soups, pastas, and purees; sausages, ham, bacon, and other cold meats; creams, eggs, leche, butter, marfarines, shortenings, yoghurt, and fermented; and cheese products.

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