Eurocash (OTCMKTS:EUSHY) Trading 10.4% Higher – Should You Buy?

Eurocash S.A. (OTCMKTS:EUSHYGet Free Report) shot up 10.4% during trading on Tuesday . The company traded as high as $1.65 and last traded at $1.65. Approximately 389 shares changed hands during mid-day trading, an increase of 56% from the average session volume of 250 shares. The stock had previously closed at $1.4948.

Eurocash Stock Performance

The stock’s fifty day moving average is $1.39 and its two-hundred day moving average is $1.63.

Eurocash Company Profile

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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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