BB Seguridade Participacoes (OTCMKTS:LZRFY) Trading Down 2.8%

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BB Seguridade Participacoes S.A. (OTCMKTS:LZRFY)’s share price dropped 2.8% during mid-day trading on Wednesday . The company traded as low as $11.54 and last traded at $11.54, approximately 37,814 shares were traded during trading. A decline of 17% from the average daily volume of 45,662 shares. The stock had previously closed at $11.87.

Separately, UBS Group upgraded shares of BB Seguridade Participacoes from a “neutral” rating to a “buy” rating in a research note on Wednesday, December 11th.

BB Seguridade Participacoes Company Profile (OTCMKTS:LZRFY)

Localiza Rent a Car SA engages in car rental and franchising activities. The company is also involved in selling decommissioned cars; providing car parking services; and managing car-related claims for insurance companies. As of March 31, 2018, it operated a fleet of 193,260 cars; and 591 car rental locations in Brazil and internationally.

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