Standard Chartered (OTC:SCBFF) Trading Down 9.6% – Time to Sell?

Standard Chartered PLC (OTC:SCBFFGet Free Report) dropped 9.6% during trading on Thursday . The company traded as low as $13.29 and last traded at $13.31. Approximately 5,369 shares changed hands during mid-day trading, a decline of 14% from the average daily volume of 6,233 shares. The stock had previously closed at $14.72.

Standard Chartered Stock Down 8.0 %

The firm has a fifty day moving average price of $14.47 and a two-hundred day moving average price of $12.63. The stock has a market capitalization of $30.07 billion, a P/E ratio of 8.17 and a beta of 0.67.

Standard Chartered Company Profile

(Get Free Report)

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.

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