Grupo Traxión (OTCMKTS:GRPOF) Shares Down 15.4% – Here’s Why

Grupo Traxión, S.A.B. de C.V. (OTCMKTS:GRPOF) shares traded down 15.4% on Tuesday . The company traded as low as $0.6957 and last traded at $0.7267. 15,666 shares changed hands during trading, an increase of 86% from the average session volume of 8,411 shares. The stock had previously closed at $0.8591.

Grupo Traxión Trading Down 15.4%

The company’s 50-day simple moving average is $0.79 and its 200-day simple moving average is $0.87.

About Grupo Traxión

Grupo Traxión, SAB. de C.V. operates as a mobility and logistics company in Mexico. It operates through Cargo, Logistics Solution, and Personnel and Student Transportation segments. The company offers dry and refrigerated boxes, hoppers, platforms, mid-range units, intermodal and multimodal, imports and exports, domestic distribution, cross-borders, ports, cross docks, and door-to-door freight services; logistics integration services, such as land management, control tower, networks consultancy, eCommerce, domestic trips, imports and exports, consolidated, specialized, storage, cold chain, in-house, cargo, door-to-door, land, air, and maritime services; and warehousing services, including dedicated warehousing, shared warehouses, platform crossings, inventory management, product unloading and loading, finishing and raw materials, exports shipping, inverse logistics, automated and aleatory systems, and collection by radiofrequency and/or voice, as well as copacking and production for exports, such as labeling, product assembling, promotional materials, thermal-forming, and sealing.