Canadian Western Bank (OTCMKTS:CBWBF) Stock Price Up 1.3% – What’s Next?

Canadian Western Bank (OTCMKTS:CBWBF)’s stock price rose 1.3% on Friday . The stock traded as high as $40.2560 and last traded at $39.71. Approximately 4,161 shares were traded during mid-day trading, an increase of 88% from the average daily volume of 2,210 shares. The stock had previously closed at $39.2005.

Canadian Western Bank Stock Performance

The company has a 50 day simple moving average of $39.71 and a 200 day simple moving average of $39.71.

Canadian Western Bank Company Profile

Canadian Western Bank is a Canadian chartered bank offering a range of banking and financial services to personal, commercial and institutional clients. Its core business activities include commercial lending, personal banking, wealth management, equipment financing and insurance. The bank develops tailored financing solutions for small to medium-sized enterprises, while providing deposit accounts, residential mortgages and digital banking platforms to individual customers.

Founded in 1988 and headquartered in Edmonton, Alberta, Canadian Western Bank was created to address the financing needs of growing businesses in Western Canada.