Sanlam (OTCMKTS:SLLDY) Stock Price Up 0.5% – Here’s Why

Sanlam Limited (OTCMKTS:SLLDYGet Free Report)’s stock price traded up 0.5% during mid-day trading on Monday . The stock traded as high as C$11.22 and last traded at C$11.11. 29,475 shares traded hands during trading, a decline of 43% from the average daily volume of 51,695 shares. The stock had previously closed at C$11.05.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Sanlam to a “hold” rating in a research report on Thursday, April 9th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

View Our Latest Research Report on SLLDY

Sanlam Stock Performance

The business’s 50 day moving average price is C$10.66 and its 200 day moving average price is C$11.53.

About Sanlam

(Get Free Report)

Sanlam Limited (OTCMKTS:SLLDY) is a South African financial services group offering a broad array of insurance, investment and wealth management solutions. Headquartered in Bellville, Cape Town, the company provides life and health insurance, general insurance products, retirement planning and savings vehicles to individual and corporate clients. Through its network of advisors and digital platforms, Sanlam seeks to deliver tailored financial planning, estate planning, risk cover and wealth preservation services across multiple market segments.

Founded in 1918 as the South African Life Assurance and Investment Society, Sanlam has grown into one of the continent’s largest insurers.

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