Nedbank Group (OTCMKTS:NDBKY) Shares Pass Below Fifty Day Moving Average of $13.22

Nedbank Group Limited (OTCMKTS:NDBKYGet Rating) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Analysts Set New Price Targets

Separately, Citigroup raised shares of Nedbank Group from a “neutral” rating to a “buy” rating in a research report on Monday, May 30th.

Nedbank Group Price Performance

The stock’s 50-day moving average is $13.22 and its 200 day moving average is $13.75.

Nedbank Group Company Profile

(Get Rating)

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

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