Euronext NV (OTCMKTS:EUXTF) traded down 6.9% during mid-day trading on Monday . The stock traded as low as $76.75 and last traded at $76.75, 343 shares changed hands during mid-day trading. An increase of 36% from the average session volume of 253 shares. The stock had previously closed at $82.44.
Separately, Citigroup upgraded shares of Euronext from a “neutral” rating to a “buy” rating in a research note on Friday, November 1st.
The business’s fifty day moving average price is $80.19 and its 200-day moving average price is $76.79.
Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe. The company offers a range of exchange and corporate services, including security listings, cash and derivatives trading, and market data dissemination. It also provides listing venues; and cash trading services, which include the provision of various marketplaces for investors, broker-dealers, and other market participants to directly buy and sell cash equities, fixed income securities, and exchange traded products.
Further Reading: Market Timing
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