Nedbank Group Limited (OTCMKTS:NDBKY – Get Free Report) shares passed below its 50-day moving average during trading on Thursday. The stock has a 50-day moving average of $18.11 and traded as low as $17.4020. Nedbank Group shares last traded at $17.87, with a volume of 14,784 shares changing hands.
Nedbank Group Stock Performance
The stock’s 50-day simple moving average is $18.11 and its 200 day simple moving average is $17.04.
Nedbank Group Company Profile
Nedbank Group Limited is a South African financial services group and the parent company of Nedbank Limited. Founded in 1888 as the Netherlands Bank of South Africa, the group has developed into one of South Africa’s major banking organizations. Its ordinary shares are listed on the Johannesburg Stock Exchange, and its American depositary shares trade over the counter in the United States under the symbol NDBKY.
Through its banking businesses, Nedbank provides financial products and services to individuals, small and medium-sized businesses, corporations, institutions and government clients.
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