Suncorp Group (OTCMKTS:SNMYF) Trading Down 11.3% – Here’s What Happened

Suncorp Group Limited (OTCMKTS:SNMYFGet Free Report) shares dropped 11.3% during mid-day trading on Friday . The company traded as low as $10.84 and last traded at $10.84. Approximately 12,426 shares were traded during trading, an increase of 410% from the average daily volume of 2,438 shares. The stock had previously closed at $12.23.

Suncorp Group Price Performance

The company’s fifty day moving average is $12.38 and its 200 day moving average is $11.63.

About Suncorp Group

(Get Free Report)

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products.

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