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Standard Chartered (OTC:SCBFF) Trading Down 9.6% - Here's Why

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Standard Chartered PLC (OTC:SCBFF - Get Free Report) dropped 9.6% during mid-day trading on Thursday . The stock traded as low as $13.29 and last traded at $13.31. Approximately 5,369 shares were traded during 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 firm has a market capitalization of $30.07 billion, a PE ratio of 8.17 and a beta of 0.67. The firm has a 50-day moving average of $14.47 and a two-hundred day moving average of $12.65.

Standard Chartered Company Profile

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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.

Further Reading

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