Empire (OTCMKTS:EMLAF) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Shares of Empire Company Limited (OTCMKTS:EMLAFGet Free Report) passed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $29.54 and traded as low as $28.70. Empire shares last traded at $30.22, with a volume of 16,459 shares trading hands.

Empire Price Performance

The company has a 50 day moving average of $30.11 and a 200 day moving average of $29.54.

Empire Company Profile

(Get Free Report)

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 VoilĂ , Grocery Gateway, IGA.net, and ThriftyFoods.com.

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