Richelieu Hardware (OTCMKTS:RHUHF) Shares Cross Below Two Hundred Day Moving Average – What’s Next?
by Sarita Garza · The Markets DailyRichelieu Hardware Ltd. (OTCMKTS:RHUHF – Get Free Report)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $28.84 and traded as low as $26.26. Richelieu Hardware shares last traded at $26.26, with a volume of 109,522 shares traded.
Richelieu Hardware Stock Performance
The business’s 50 day simple moving average is $26.78 and its 200 day simple moving average is $28.81.
Richelieu Hardware Company Profile
Richelieu Hardware Ltd. is a leading North American distributor of specialty hardware products for residential, commercial and industrial end markets. The company’s product offering includes kitchen cabinet hardware, decorative and functional hinges, door and window accessories, and other finishing solutions for the furniture, cabinet and building industries. Richelieu also supplies tools, adhesives and specialty components that support manufacturers, renovation contractors and retail showrooms.
Through an extensive network of distribution centers and branches across Canada and the United States, Richelieu provides value-added services such as custom cutting, drilling, inventory management and technical support.