Close Brothers Group plc (OTCMKTS:CBGPY – Get Free Report)’s share price dropped 5% during mid-day trading on Thursday . The company traded as low as $11.58 and last traded at $11.58. Approximately 210 shares changed hands during mid-day trading, a decline of 84% from the average daily volume of 1,292 shares. The stock had previously closed at $12.19.
Close Brothers Group Stock Performance
The stock’s 50-day moving average price is $11.07 and its 200-day moving average price is $14.11.
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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