Close Brothers Group (OTCMKTS:CBGPY) Trading Down 0.8% – Here’s Why

Close Brothers Group plc (OTCMKTS:CBGPYGet Free Report) shares fell 0.8% during mid-day trading on Monday . The stock traded as low as $8.25 and last traded at $8.25. 323 shares were traded during mid-day trading, a decline of 70% from the average session volume of 1,077 shares. The stock had previously closed at $8.32.

Close Brothers Group Price Performance

The firm has a 50-day moving average price of $7.08 and a 200-day moving average price of $8.28.

Close Brothers Group Company Profile

(Get Free Report)

Close Brothers Group plc, a merchant banking company, engages in the provision of financial services to small businesses and individuals in the United Kingdom. It operates through five segments: Commercial, Retail, Property, Asset Management, and Securities. The company offers banking services comprising of debt factoring, invoice discounting, asset-based lending; financing for SMEs, residential housing, transport, industrial equipment, renewable energy, motorcycle, used car, and commercial vehicle financing; insurance, refurbishment, and bridging financing, savings products for individuals and corporates, hire purchase, lease, and loan related services.

Further Reading

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