Suncorp Group (OTCMKTS:SNMCY) Shares Up 4.9% – Here’s What Happened

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report) shot up 4.9% during mid-day trading on Monday . The stock traded as high as $14.0399 and last traded at $14.0399. Approximately 28,920 shares traded hands during trading, a decline of 70% from the average daily volume of 96,340 shares. The stock had previously closed at $13.38.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Suncorp Group from a “strong sell” rating to a “hold” rating in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock has an average rating of “Hold”.

Check Out Our Latest Research Report on Suncorp Group

Suncorp Group Price Performance

The business’s 50 day moving average is $13.48 and its 200 day moving average is $12.40.

About Suncorp Group

(Get Free Report)

Suncorp Group is a leading Australian financial services company headquartered in Brisbane, Queensland. The group offers a comprehensive range of insurance, banking and wealth management products to personal, small business and corporate clients. Operating across Australia and New Zealand, Suncorp serves its customers through a network of branches, digital platforms and partnerships with brokers and agents.

The company’s core insurance business provides general insurance cover for motor, home, commercial and specialty lines.

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