Bendigo and Adelaide Bank Limited (OTCMKTS:BXRBF – Get Free Report) shares dropped 0.7% on Wednesday. The stock traded as low as $7.20 and last traded at $7.20. 2,400 shares traded hands during trading, an increase of 146% from the average session volume of 977 shares. The stock had previously closed at $7.25.
Bendigo and Adelaide Bank Price Performance
The company has a 50-day simple moving average of $7.56 and a 200 day simple moving average of $7.43.
Bendigo and Adelaide Bank Company Profile
Bendigo and Adelaide Bank Limited is an Australian financial institution headquartered in Bendigo, Victoria. The company provides banking and financial services to individuals, businesses, agribusinesses and community organizations across Australia.
Its services include transaction and savings accounts, home and personal lending, business finance, rural banking, insurance, wealth management and investment products. The group operates through brands including Bendigo Bank, Adelaide Bank and Rural Bank, and also supports the Community Bank model, which enables locally operated branches to share their earnings with participating communities.
Bendigo and Adelaide Bank was formed in 2007 through the merger of Bendigo Bank and Adelaide Bank.
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