Macquarie Group (OTCMKTS:MQBKY) Share Price Passes Below Two Hundred Day Moving Average of $140.10

Shares of Macquarie Group Limited (OTCMKTS:MQBKYGet Rating) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $140.10 and traded as low as $110.99. Macquarie Group shares last traded at $112.79, with a volume of 24,271 shares traded.

Separately, Citigroup downgraded shares of Macquarie Group from a “buy” rating to a “neutral” rating and set a 187.00 price target for the company. in a research report on Monday, May 9th.

The firm’s fifty day moving average price is $134.90 and its 200-day moving average price is $140.10.

The business also recently disclosed a dividend, which will be paid on Thursday, July 14th. Investors of record on Monday, May 16th will be paid a dividend of $0.9727 per share. This represents a dividend yield of 3.63%. The ex-dividend date is Friday, May 13th.

About Macquarie Group (OTCMKTS:MQBKY)

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.

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