DFI Retail Group (OTCMKTS:DFIHY) Shares Break Above 50 Day Moving Average – What’s Next?

DFI Retail Group Holdings Limited – Unsponsored ADR (OTCMKTS:DFIHY) shares crossed above its fifty day moving average during trading on Thursday. The stock has a fifty day moving average of $16.59 and traded as high as $17.85. DFI Retail Group shares last traded at $17.85, with a volume of 101 shares traded.

DFI Retail Group Stock Performance

The stock has a 50-day simple moving average of $16.59 and a 200 day simple moving average of $19.10.

DFI Retail Group Company Profile

DFI Retail Group is a Hong Kong-based retailer with businesses across Asia. Its origins date to 1886, when the company was established as Dairy Farm International Holdings. It adopted the DFI Retail Group name in 2023. The group operates supermarkets, convenience stores and health and beauty stores under brands that include Wellcome, Cold Storage, Giant, 7-Eleven, Guardian and Mannings. It also operates IKEA stores in selected markets and has interests in other retail and food businesses. DFI serves customers in markets including Hong Kong, Singapore, Malaysia, Indonesia and Taiwan.