Standard Chartered (OTCMKTS:SCBFY) Reaches New 12-Month High – Here’s What Happened

Standard Chartered PLC (OTCMKTS:SCBFYGet Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as $54.33 and last traded at $54.28, with a volume of 104785 shares traded. The stock had previously closed at $53.08.

Analyst Ratings Changes

Separately, Zacks Research upgraded shares of Standard Chartered to a “hold” rating in a research note on Monday, April 13th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, the company presently has a consensus rating of “Hold”.

Read Our Latest Stock Report on Standard Chartered

Standard Chartered Stock Performance

The business has a fifty day moving average of $47.84 and a 200-day moving average of $47.65.

Standard Chartered Company Profile

(Get Free Report)

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.

Further Reading

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