Standard Bank Group Limited (OTCMKTS:SGBLY – Get Free Report) passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $18.74 and traded as high as $19.1040. Standard Bank Group shares last traded at $18.82, with a volume of 44,090 shares trading hands.
Standard Bank Group Price Performance
The company’s 50-day moving average is $18.74 and its 200-day moving average is $19.14.
Standard Bank Group Company Profile
Standard Bank Group Limited is a South African financial services group headquartered in Johannesburg. Through its banking and related businesses, the company provides financial solutions to individuals, businesses, institutions and governments.
The group’s activities include personal and business banking, corporate and investment banking, wealth management, lending, payments, transaction services, and financial markets services. It also offers digital banking solutions and selected insurance and investment products through its broader financial services operations.
Standard Bank traces its origins to the establishment of the Standard Bank of British South Africa in 1862.
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