Sagicor Financial (OTCMKTS:SGCFF) Shares Down 3.4% – Here’s What Happened

Sagicor Financial Company Ltd. (OTCMKTS:SGCFF)’s stock price was down 3.4% during trading on Tuesday . The stock traded as low as $6.8036 and last traded at $6.8036. Approximately 200 shares were traded during trading, a decline of 75% from the average daily volume of 800 shares. The stock had previously closed at $7.04.

Analyst Upgrades and Downgrades

SGCFF has been the topic of several research reports. Scotiabank restated an “outperform” rating on shares of Sagicor Financial in a report on Monday, November 17th. Royal Bank Of Canada restated an “outperform” rating on shares of Sagicor Financial in a research note on Monday, November 17th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat, Sagicor Financial has a consensus rating of “Buy”.

Sagicor Financial Stock Performance

The stock has a fifty day simple moving average of $6.94 and a 200-day simple moving average of $6.17.

About Sagicor Financial

Sagicor Financial Corporation is a Barbados‐based financial services group that provides a broad spectrum of insurance, banking and investment solutions across the Caribbean and beyond. The company’s core activities include the underwriting of life, health and group insurance products, the administration of annuities and retirement plans, and the provision of individual and corporate wealth‐management services. Through its operating subsidiaries, Sagicor serves both retail and institutional clients seeking protection, savings and long‐term financial planning.

In the banking sector, Sagicor offers deposit‐taking, lending and transaction services via a network of branches and digital platforms.