Empire Company Limited (OTCMKTS:EMLAF – Get Free Report)’s share price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $37.69 and traded as low as $35.37. Empire shares last traded at $35.37, with a volume of 47,924 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Scotiabank restated an “outperform” rating on shares of Empire in a research report on Thursday, August 21st. One analyst has rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Empire currently has an average rating of “Hold”.
Check Out Our Latest Analysis on Empire
Empire Price Performance
About Empire
Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises retail stores under various retail banners, including Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs; and operates grocery e-commerce stores under the banners, such as Voilà, Grocery Gateway, IGA.net, and ThriftyFoods.com.
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