Banca Monte dei Paschi di Siena (OTCMKTS:BMDPF) Share Price Passes Above 50 Day Moving Average – Should You Sell?

Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPFGet Free Report)’s stock price crossed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $9.97 and traded as high as $10.60. Banca Monte dei Paschi di Siena shares last traded at $10.60, with a volume of 100 shares.

Banca Monte dei Paschi di Siena Price Performance

The company’s fifty day moving average is $9.97 and its 200 day moving average is $9.22.

Banca Monte dei Paschi di Siena Company Profile

(Get Free Report)

Banca Monte dei Paschi di Siena (OTCMKTS: BMDPF) is one of Italy’s most historic banking institutions, tracing its origins back to 1472 in the city of Siena. As one of the oldest continuously operating banks in the world, it has played a central role in Italy’s financial history and has evolved into a full-service commercial banking group.

The bank’s core business activities span retail and corporate banking, including deposit-taking, payment services, consumer and mortgage lending, and working capital solutions.

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