Raia Drogasil (OTCMKTS:RADLY) Shares Down 6.9% – Time to Sell?

Raia Drogasil S.A. (OTCMKTS:RADLY)’s stock price fell 6.9% on Thursday . The stock traded as low as $3.9550 and last traded at $3.9550. 150 shares traded hands during trading, a decline of 99% from the average session volume of 17,999 shares. The stock had previously closed at $4.25.

Analysts Set New Price Targets

Separately, Zacks Research raised Raia Drogasil to a “hold” rating in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Raia Drogasil Trading Down 3.4%

The stock’s fifty day moving average price is $4.53 and its 200 day moving average price is $4.52.

About Raia Drogasil

Raia Drogasil SA is a leading Brazilian retail pharmacy operator, offering a comprehensive range of prescription and over-the-counter medications, health and wellness products, personal care and beauty items, as well as a selection of convenience goods. The company’s network of stores operates under the Raia and Drogasil banners, serving diverse consumer needs across major urban centers. Complementary services include in-store prescription dispensing, compounding pharmacies and health screening programs such as blood pressure and glucose monitoring.

The company was formed in 2011 through the merger of two established Brazilian pharmacy chains, Drogasil and Droga Raia, each with origins dating back several decades.