Prosegur Cash (OTCMKTS:PGUUF) dropped 19.3% during mid-day trading on Thursday . The stock traded as low as $1.61 and last traded at $1.63, approximately 18,616 shares traded hands during mid-day trading. An increase of 182% from the average daily volume of 6,611 shares. The stock had previously closed at $2.02.
Separately, Deutsche Bank raised Prosegur Cash from a “sell” rating to a “hold” rating in a research note on Wednesday, July 10th.
About Prosegur Cash (OTCMKTS:PGUUF)
Prosegur Cash, SA provides cash logistics and cash management, and other outsourced services to financial institutions, retailers, government agencies and central banks, mints, jewelers, and other commercial operations worldwide. The company's services include local and international transport services, including pick-up, transport, safekeeping, delivery, and cash deposit services for cash and other high worth valuables, such as jewelry, art, precious metal, electronic devices, pharmaceuticals, voting cards, and judicial evidence.
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