Alsea (OTCMKTS:ALSSF) Shares Down 8.6% – Here’s What Happened

by · The Cerbat Gem

Shares of Alsea, S.A.B. de C.V. (OTCMKTS:ALSSF – Get Free Report) were down 8.6% on Friday . The company traded as low as $2.65 and last traded at $2.65. Approximately 130 shares traded hands during mid-day trading, a decline of 97% from the average daily volume of 3,842 shares. The stock had previously closed at $2.90.

Alsea Price Performance

The stock has a 50 day moving average price of $3.00 and a two-hundred day moving average price of $3.03.

Alsea Company Profile

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Alsea SAB. de C.V., trading over the counter as ALSSF, is a leading operator of quick-service, casual-dining and café concepts across Latin America and Europe. Headquartered in Mexico City, the company holds master franchise and license rights for internationally known brands, overseeing day-to-day operations, supply-chain logistics and marketing for each restaurant concept.

The company’s portfolio includes quick-service staples such as Domino’s Pizza, Burger King and Starbucks, along with casual-dining and coffee shop formats like Vips, El Globo and Pe.Tra bakery cafés.

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