Close Brothers Group plc (OTCMKTS:CBGPY – Get Free Report) rose 10.5% during mid-day trading on Wednesday . The company traded as high as $7.90 and last traded at $7.90. Approximately 110 shares were traded during mid-day trading, a decline of 89% from the average daily volume of 982 shares. The stock had previously closed at $7.15.
Close Brothers Group Price Performance
The stock’s 50-day moving average price is $7.99 and its 200-day moving average price is $7.72.
About Close Brothers Group
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.
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