Loblaw Companies (OTCMKTS:LBLCF) Trading Down 0.8% – Should You Sell?

Loblaw Companies Limited (OTCMKTS:LBLCFGet Free Report) dropped 0.8% during mid-day trading on Wednesday . The stock traded as low as $131.12 and last traded at $131.39. Approximately 817 shares were traded during trading, a decline of 83% from the average daily volume of 4,704 shares. The stock had previously closed at $132.39.

Loblaw Companies Stock Performance

The business’s 50 day simple moving average is $131.05 and its 200 day simple moving average is $126.52.

About Loblaw Companies

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Loblaw Companies Limited, a food and pharmacy company, provides grocery, pharmacy and healthcare services, health and beauty products, apparels, general merchandise, financial services, and wireless mobile products and services in Canada. It operates in two segments, Retail and Financial Services. The Retail segment operates corporate and franchise-owned retail food, and associate-owned drug stores.

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