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Magazine Luiza S.A. (MGLUY)

Other OTC - Other OTC Delayed Price. Currency in USD
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5.14-0.41 (-7.39%)
As of 11:49AM EST. Market open.
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Neutralpattern detected
Previous Close5.55
BidN/A x N/A
AskN/A x N/A
Day's Range5.14 - 5.53
52 Week Range5.14 - 19.92
Avg. Volume3,640
Market Cap8.046B
Beta (5Y Monthly)0.63
PE Ratio (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield0.03 (0.28%)
Ex-Dividend DateJul 09, 2021
1y Target EstN/A
  • Reuters

    Brazil retailers hunt for M&A deals to compete for e-commerce dominance

    In March last year, Oziel da Silva Santos needed a new TV but with stores closed due to COVID-19 restrictions in Brazil's northern city of Belem, the 50-year old was clueless about how to get one. On the other end of the line was Railton Sampaio, a manager at the city's largest Via Varejo. Sampaio helped him buy the TV online, sending the link for payment through the commonly used messaging app WhatsApp.

  • Reuters

    EMERGING MARKETS-Chile's peso slides on dovish outlook; Mexican stocks outperform

    * Chilean sees below-neutral policy for next 2 years * Magazine Luiza leads Brazil stocks higher * Peruvian sol bucks gloom, up 0.4% on GDP rise * Rising commodity prices should boost Latam stocks, FX - Invesco (Updates prices) By Ambar Warrick and Susan Mathew July 15 (Reuters) - Chile's peso looked set to post its worst session in two months on Thursday, leading losses across most Latin American currencies, as the country's central bank indicated that monetary policy would remain loose for longer. The central bank hiked rates to 0.75% to stall inflation, but projected monetary policy to remain below neutral levels for the next two years.

  • Reuters

    UPDATE 2-Brazil's Magazine Luiza to raise funds via offering, buy e-commerce firm Kabum for $528 mln

    Brazilian retailer Magazine Luiza will raise funds through a follow-on share offering and buy technology and e-commerce company Kabum Comercio Eletronico for 2.7 billion reais ($528 million), the company said in a securities filings on Thursday. The deal's value may rise to 3.866 billion reais depending on certain targets being met by Kabum by 2024. The value is based on the 22.93 reais closing price of Magazine Luiza shares on Wednesday.