DFI Retail Group (OTCMKTS:DFIHY) Shares Gap Up – Still a Buy?

DFI Retail Group Holdings Limited – Unsponsored ADR (OTCMKTS:DFIHY – Get Free Report)’s stock price gapped up before the market opened on Thursday. The stock had previously closed at $16.0950, but opened at $17.85. DFI Retail Group shares last traded at $17.85, with a volume of 101 shares.

DFI Retail Group Trading Up 10.9%

The business has a fifty day simple moving average of $16.57 and a 200 day simple moving average of $19.09.

DFI Retail Group Company Profile

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DFI Retail Group is a Hong Kong-based retailer with businesses across Asia. Its origins date to 1886, when the company was established as Dairy Farm International Holdings. It adopted the DFI Retail Group name in 2023. The group operates supermarkets, convenience stores and health and beauty stores under brands that include Wellcome, Cold Storage, Giant, 7-Eleven, Guardian and Mannings. It also operates IKEA stores in selected markets and has interests in other retail and food businesses. DFI serves customers in markets including Hong Kong, Singapore, Malaysia, Indonesia and Taiwan.

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