Laurentian Bank of Canada (OTCMKTS:LRCDF) Stock Price Down 5.9% – Here’s Why

Laurentian Bank of Canada (OTCMKTS:LRCDF) shares dropped 5.9% on Monday . The stock traded as low as $18.50 and last traded at $18.74. Approximately 15,828 shares changed hands during mid-day trading, an increase of 93% from the average daily volume of 8,214 shares. The stock had previously closed at $19.90.

Laurentian Bank of Canada Price Performance

The firm has a 50-day moving average of $20.31 and a two-hundred day moving average of $19.73.

Laurentian Bank of Canada Company Profile

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients.