Standard Chartered (OTC:SCBFF) Trading Down 9.6% – Here’s Why

Standard Chartered PLC (OTC:SCBFFGet Free Report)’s stock price dropped 9.6% on Thursday . The company traded as low as $13.29 and last traded at $13.31. Approximately 5,369 shares were traded during mid-day trading, a decline of 14% from the average daily volume of 6,233 shares. The stock had previously closed at $14.72.

Standard Chartered Trading Down 8.0 %

The company’s 50 day simple moving average is $14.47 and its 200-day simple moving average is $12.63. The firm has a market cap of $30.07 billion, a P/E ratio of 8.17 and a beta of 0.67.

About Standard Chartered

(Get Free Report)

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.

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