Westpac Banking (OTCMKTS:WEBNF) Shares Up 5.6% – Here’s Why

Westpac Banking Co. (OTCMKTS:WEBNFGet Free Report) shot up 5.6% during mid-day trading on Friday . The company traded as high as C$20.08 and last traded at C$19.65. 978 shares changed hands during trading, a decline of 81% from the average session volume of 5,095 shares. The stock had previously closed at C$18.60.

Westpac Banking Stock Performance

The company’s fifty day moving average is C$20.23 and its 200-day moving average is C$19.83.

Westpac Banking Company Profile

(Get Free Report)

Westpac Banking Corporation provides various banking and financial services in Australia, New Zealand, and internationally. The company operates through Consumer, Business, Consumer and Business Banking, Westpac Institutional Bank, Specialist Businesses, and Westpac New Zealand segments. It offers savings, term deposit, business transaction, not-for-profit transaction, foreign currency, farm management deposit, project and retention trust, and statutory trust accounts; home, personal, business, and commercial loans; car and equipment finance; business overdrafts and bank guarantees; debit and credit cards; international and travel services; share trading services; investment products; and home, car, travel, life, caravan and trailer, credit card and loan repayment, boat, and business insurance products.

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