Postal Savings Bank of China (OTCMKTS:PSTVY) Trading Up 1.9%

Postal Savings Bank of China Co., Ltd. (OTCMKTS:PSTVY) shares shot up 1.9% on Friday . The stock traded as high as $10.61 and last traded at $10.60. 720 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 11,900 shares. The stock had previously closed at $10.40.

Postal Savings Bank of China Stock Performance

The business has a 50-day simple moving average of $10.78 and a 200-day simple moving average of $10.82.

Postal Savings Bank of China Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, August 22nd. Investors of record on Wednesday, July 3rd were issued a dividend of $0.5788 per share. The ex-dividend date was Wednesday, July 3rd.

Postal Savings Bank of China Company Profile

Postal Savings Bank of China Co, Ltd., together with its subsidiaries, provides various banking products and services for retail and corporate customers in the People's Republic of China. It offers demand, time, personal call, time/demand optional, call, negotiated, and foreign currency deposits, as well as passbooks and certificate of deposits; micro and personal pledged, and personal business loans; business easy mix, agriculture aid plus, domestic remittance and exchange, payment and collection agency, check, promissory notes, bank and commercial draft, remittance, consignment collection, and collection with acceptance settlement services; debit and credit cards; cross-border remittance, personal exchange settlement and sale, and foreign currency exchange and deposit services; personal housing, auto, car, consumer, and personal education loans; wealth management products and funds; and insurance agency services.