FinecoBank Banca Fineco (OTCMKTS:FCBBF) Shares Up 25.3% – Here’s What Happened

Shares of FinecoBank Banca Fineco S.p.A. (OTCMKTS:FCBBFGet Free Report) shot up 25.3% during mid-day trading on Tuesday . The company traded as high as $25.63 and last traded at $25.63. Approximately 104 shares were traded during trading, a decline of 97% from the average daily volume of 3,833 shares. The stock had previously closed at $20.45.

FinecoBank Banca Fineco Price Performance

The company has a 50-day simple moving average of $22.86 and a 200 day simple moving average of $22.71.

About FinecoBank Banca Fineco

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FinecoBank S.p.A., operating under the trade name Banca Fineco, is an Italian direct bank specializing in integrated banking, investment and trading services. Through its proprietary platform, the bank enables retail and institutional clients to access equity and derivative markets, foreign exchange, mutual funds, ETFs and fixed-income products. FinecoBank’s service suite extends to current accounts, debit and credit cards, personal loans and mortgages, supported by digital tools and dedicated customer assistance.

Established in 1982 as part of the financial services arm of the UniCredit Group, FinecoBank pioneered online brokerage in Italy with the launch of its e-trading platform in 1999.

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