Eurocash (OTCMKTS:EUSHY) Shares Down 24.4% – Here’s Why

Eurocash S.A. (OTCMKTS:EUSHYGet Free Report) shares were down 24.4% during trading on Wednesday . The company traded as low as $1.36 and last traded at $1.36. Approximately 182 shares traded hands during trading, a decline of 27% from the average daily volume of 250 shares. The stock had previously closed at $1.80.

Eurocash Stock Performance

The stock’s 50 day moving average is $1.90 and its 200 day moving average is $2.05.

About Eurocash

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Eurocash SA is a Poland‐based distributor of fast‐moving consumer goods (FMCG), serving primarily independent small and medium‐sized retailers across Poland. Through a network of wholesale outlets and logistics centers, the company supplies a broad range of grocery and non‐food products, including fresh and frozen foods, beverages, household goods and personal care items. Eurocash’s operations are designed to support local shop owners, gas stations and convenience stores with efficient ordering, delivery and merchandising solutions.

The company’s business model combines direct distribution, cash‐and‐carry outlets and franchise partnerships under brands such as ABC, Groszek and Delikatesy Centrum.

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