Eurobank Ergasias Services and (OTCMKTS:EGFEY) Trading Up 2.4% – Should You Buy?

Shares of Eurobank Ergasias Services and Holdings S.A. (OTCMKTS:EGFEY) rose 2.4% on Wednesday . The stock traded as high as $2.12 and last traded at $2.10. Approximately 59,019 shares traded hands during trading, a decline of 76% from the average daily volume of 244,335 shares. The stock had previously closed at $2.05.

Analyst Ratings Changes

Separately, Zacks Research raised Eurobank Ergasias Services and to a “hold” rating in a research report on Tuesday, December 16th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, Eurobank Ergasias Services and presently has a consensus rating of “Hold”.

Eurobank Ergasias Services and Stock Performance

The stock’s 50 day moving average price is $2.12 and its 200 day moving average price is $1.97.

Eurobank Ergasias Services and Company Profile

Eurobank Ergasias Services SA (OTCMKTS:EGFEY) is a Greece-based financial institution and subsidiary of the Eurobank Group, headquartered in Athens. Since its formation in the early 1990s, the company has offered a comprehensive range of banking and financial services to retail customers, small and medium-sized enterprises (SMEs), large corporates and institutional investors.

In its retail division, Eurobank Ergasias Services provides current and savings accounts, consumer and mortgage lending, credit cards and digital banking platforms.