Lojas Renner S.A. (OTCMKTS:LRENY)’s share price was up 0.8% during mid-day trading on Friday . The stock traded as high as $12.78 and last traded at $12.78, approximately 5,302 shares were traded during trading. An increase of 17% from the average daily volume of 4,545 shares. The stock had previously closed at $12.68.
Separately, HSBC raised Lojas Renner from a “hold” rating to a “buy” rating in a research report on Friday, November 22nd.
The company’s 50-day simple moving average is $13.74.
Lojas Renner SA, together with its subsidiaries, engages in the retail trading of clothing, sports products, shoes, accessories, and perfumery in Brazil. The company operates through Retail and Financial Products segments. It is involved in the retail sale of fashion garment for women, men, and children; cosmetics, and watches; footwear; home and decoration products; and domestic appliances, towels, and linen.
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