DFI Retail Group (OTCMKTS:DFIHY) Hits New 12-Month High - Time to Buy?

Key Points

• DFI Retail Group (OTCMKTS:DFIHY) reached a new 52-week high of $21.50 on Thursday (volume 150 shares), up from a prior close of $16.76.
• The stock is trading well above its technical averages — a 50-day SMA of $16.76 and a 200-day SMA of $16.68 — indicating recent upward momentum.
• DFI is a leading pan-Asian retail operator with supermarket, hypermarket and convenience-store brands like Cold Storage, Giant, Hero and Wellcome, selling through both physical stores and e-commerce.

DFI Retail Group Holdings Limited - Unsponsored ADR (OTCMKTS:DFIHY - Get Free Report)'s stock price reached a new 52-week high during trading on Thursday . The company traded as high as $21.50 and last traded at $21.50, with a volume of 150 shares traded. The stock had previously closed at $16.76.

DFI Retail Group Price Performance

The firm has a 50-day simple moving average of $16.76 and a two-hundred day simple moving average of $16.68.

DFI Retail Group Company Profile

DFI Retail Group is a leading pan-Asian retail company offering a diversified portfolio of food and non-food products. The group operates supermarkets, hypermarkets, convenience stores, health and beauty outlets and home-furnishing outlets under multiple well-known brands. Its core mission is to deliver quality, value and choice to consumers through both brick-and-mortar stores and e-commerce platforms.

The company's supermarket and hypermarket banners include Cold Storage, Giant, Hero and Wellcome, serving everyday grocery and fresh-food needs.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.