Rakuten Group (OTCMKTS:RKUNF) Shares Down 1.1% – Should You Sell?

Shares of Rakuten Group, Inc. (OTCMKTS:RKUNFGet Free Report) traded down 1.1% on Friday . The stock traded as low as $6.09 and last traded at $6.09. 3,800 shares were traded during mid-day trading, a decline of 60% from the average session volume of 9,512 shares. The stock had previously closed at $6.16.

Rakuten Group Price Performance

The firm has a 50-day simple moving average of $5.85 and a two-hundred day simple moving average of $6.00.

About Rakuten Group

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Rakuten Group, Inc provides services in e-commerce, fintech, digital content, and communications to various users in Japan and internationally. The company operates through three segments: Internet Services, FinTech, and Mobile. The Internet Services segment provides range of e-commerce sites, such as Rakuten Ichiba, an Internet shopping mall, online cash-back sites, travel booking sites, portal sites, and digital content sites.

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