HelloFresh (OTCMKTS:HLFFF) Stock Price Down 10% – What’s Next?

HelloFresh SE (OTCMKTS:HLFFFGet Free Report) shares dropped 10% on Tuesday . The company traded as low as $9.72 and last traded at $9.72. Approximately 250 shares changed hands during mid-day trading, a decline of 95% from the average daily volume of 5,254 shares. The stock had previously closed at $10.80.

HelloFresh Stock Performance

The company has a 50-day simple moving average of $9.36 and a 200-day simple moving average of $7.47.

About HelloFresh

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HelloFresh SE, together with its subsidiaries, operates as meal kit provider for home industry. The company offers premium meals, protein swaps, double portions, and extra recipes, as well as add-ons, such as soups, snacks, fruit boxes, desserts, ready-to-eat meals, and seasonal boxes. It has operations in the United States, Canada, Australia, Austria, Belgium, Germany, Denmark, France, Luxembourg, the Netherlands, New Zealand, Switzerland, Sweden, Spain, Norway, Italy, and the United Kingdom.

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