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Axfood AB (publ) (OTCMKTS:AXFOF – Get Free Report) shares dropped 10.7% during trading on Thursday. The stock traded as low as $25.00 and last traded at $25.00. 120 shares changed hands during trading, a decline of 4% from the average session volume of 125 shares. The stock had previously closed at $28.00.
Axfood AB (publ) Price Performance
The company has a fifty day simple moving average of $24.94 and a two-hundred day simple moving average of $27.00.
Axfood AB (publ) Company Profile
Axfood AB (publ) is a Swedish food retail and wholesale group serving consumers, businesses and the public sector across Sweden. Its operations include grocery stores, convenience-oriented food retail and restaurant wholesale, with a focus on fresh foods, everyday groceries and private-label products.
The company operates the Willys discount grocery chain and the Hemköp supermarket chain, which includes both company-owned and franchised stores. Axfood also operates Snabbgross, a wholesale business serving restaurants and food-service customers.
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