Nedbank Group Limited (OTCMKTS:NDBKY – Get Rating)’s stock price crossed below its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of $13.22 and traded as low as $12.68. Nedbank Group shares last traded at $12.84, with a volume of 5,007 shares traded.
Analyst Upgrades and Downgrades
Separately, Citigroup upgraded Nedbank Group from a “neutral” rating to a “buy” rating in a report on Monday, May 30th.
Nedbank Group Stock Up 1.2 %
The firm has a fifty day moving average of $13.19 and a two-hundred day moving average of $13.76.
Nedbank Group Company Profile
Nedbank Group Limited, together with its subsidiaries, provides various wholesale and retail banking services in South Africa and internationally. It offers personal banking solutions, including savings deposits and investment accounts; home and personal loans, student loans, vehicle finance products, private wealth finance solutions, overdrafts, short term loans, and credit cards; and investment plans and services, financial, and estate planning services, and wills and trust services, as well as professional banking, wealth management, non-resident and embassy banking, insurance, stock broking, and foreign exchange services.
Further Reading
- Get a free copy of the StockNews.com research report on Nedbank Group (NDBKY)
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