Richelieu Hardware (OTCMKTS:RHUHF) Share Price Breaks Below Two Hundred Day Moving Average – What’s Next?

Richelieu Hardware Ltd. (OTCMKTS:RHUHF – Get Free Report)’s stock price passed below its 200-day moving average during trading on Friday. The stock has a 200-day moving average of $27.54 and traded as low as $25.48. Richelieu Hardware shares last traded at $25.48, with a volume of 1,351 shares changing hands.

Richelieu Hardware Stock Down 1.8%

The stock’s 50 day moving average price is $25.52 and its two-hundred day moving average price is $27.54.

About Richelieu Hardware

(Get Free Report)

Richelieu Hardware Ltd. is a Canada-based importer, distributor and manufacturer of specialty hardware and complementary products used in the manufacture and renovation of residential and commercial spaces. Its customers include cabinetmakers, furniture manufacturers, millwork and woodworking professionals, renovation contractors, builders, designers and retailers.

The company offers a broad range of products, including cabinet and furniture hardware, handles, hinges, drawer slides, storage and closet systems, decorative accessories, lighting, sinks and faucets, as well as wood products such as laminates, edgebanding, veneers and related finishing materials.

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