Shares of The Bidvest Group Limited (OTCMKTS:BDVSY – Get Free Report) gapped down before the market opened on Friday . The stock had previously closed at $29.26, but opened at $28.01. The Bidvest Group shares last traded at $28.0250, with a volume of 3,116 shares changing hands.
The Bidvest Group Price Performance
The company’s 50-day simple moving average is $29.06 and its two-hundred day simple moving average is $29.10. The firm has a market capitalization of $4.78 billion and a P/E ratio of 1.00.
About The Bidvest Group
The Bidvest Group Limited is a diversified services, trading and distribution company headquartered in Johannesburg, South Africa. Operating through a network of autonomous divisions, the group provides a wide range of services that span foodservice, industrial and commercial products, office and print solutions, travel and financial services, automotive aftermarket and freight management. Its decentralized structure allows each division to respond quickly to customer needs while leveraging the broader resources and scale of the group.
In its foodservice segment, Bidvest supplies fresh and frozen foods, beverages and catering equipment to restaurants, hotels, retail outlets and institutional clients.
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