Westpac Banking Co. (OTCMKTS:WEBNF – Get Free Report)’s share price dropped 3.2% during mid-day trading on Monday. The company traded as low as C$22.75 and last traded at C$22.75. Approximately 771 shares were traded during mid-day trading, a decline of 78% from the average daily volume of 3,575 shares. The stock had previously closed at C$23.50.
Westpac Banking Price Performance
The firm has a 50-day moving average price of C$23.70 and a 200 day moving average price of C$25.14.
Westpac Banking Company Profile
Westpac Banking Corporation is an Australian banking and financial services company headquartered in Sydney, New South Wales. It provides banking, lending, payments, wealth management and other financial services to consumers, businesses, institutional clients and government-related organizations.
The company’s principal operations are conducted through its consumer and business banking businesses in Australia and through Westpac New Zealand. Its products and services include transaction and savings accounts, home and personal loans, business lending, credit cards, foreign exchange, insurance, investment and superannuation services, as well as institutional banking and payment solutions.
Westpac traces its origins to the Bank of New South Wales, which was established in 1817.
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