JB Hi-Fi (OTCMKTS:JBHIF) Trading Down 8.8% – Here’s Why

JB Hi-Fi Limited (OTCMKTS:JBHIFGet Free Report)’s stock price dropped 8.8% during trading on Tuesday . The company traded as low as C$57.92 and last traded at C$57.92. Approximately 400 shares traded hands during trading, a decline of 38% from the average daily volume of 640 shares. The stock had previously closed at C$63.50.

JB Hi-Fi Trading Down 8.8 %

The business’s fifty day simple moving average is C$58.12 and its 200 day simple moving average is C$53.96.

About JB Hi-Fi

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JB Hi-Fi Limited, together with its subsidiaries, retails home consumer products. The company operates through three segments: JB Hi-Fi Australia, JB Hi-Fi New Zealand, and The Good Guys. It provides computers, such as laptops, desktop PCs, iPads, tablets, eBook readers, monitors and projectors, printers and ink, storage devices, keyboards and mouse, computer accessories, as well as software, and home internet and wi-fi products; televisions; headphones, speakers, and audio devices; and smart home appliances.

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