Shares of Standard Chartered PLC (OTCMKTS:SCBFY – Get Free Report) were down 0.8% during trading on Thursday . The stock traded as low as $49.4050 and last traded at $49.70. Approximately 103,228 shares changed hands during trading, a decline of 55% from the average daily volume of 226,883 shares. The stock had previously closed at $50.10.
Standard Chartered Price Performance
The firm’s 50 day simple moving average is $46.37 and its two-hundred day simple moving average is $40.72.
About Standard Chartered
Standard Chartered PLC is a leading international banking group headquartered in London, with a heritage dating back to the 19th century. The bank was formed in 1969 through the merger of Standard Bank of British South Africa and Chartered Bank of India, Australia and China, combining deep roots in emerging markets with a global footprint. Over more than 150 years of operations, Standard Chartered has built a reputation for expertise in trade finance, corporate banking and cross-border transactions.
The company offers a broad range of financial products and services, including corporate and institutional banking, retail banking, wealth management, treasury and capital markets solutions.
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