Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJF) Trading Up 3.8% – Here’s What Happened

Shares of Banco del Bajío, S.A., Institución de Banca Múltiple (OTCMKTS:BBAJFGet Free Report) were up 3.8% during mid-day trading on Thursday . The stock traded as high as $3.30 and last traded at $3.30. Approximately 363 shares traded hands during mid-day trading, a decline of 93% from the average daily volume of 5,526 shares. The stock had previously closed at $3.18.

Banco del Bajío, S.A., Institución de Banca Múltiple Price Performance

The firm has a 50 day moving average of $3.19 and a 200-day moving average of $2.92.

About Banco del Bajío, S.A., Institución de Banca Múltiple

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Banco del Bajío, SA, Institución de Banca Múltiple operates as a full-service Mexican commercial bank, offering a broad range of financial products and services to corporate, small- and medium-sized enterprises (SMEs) and individual clients. The institution’s core business activities include commercial lending, working capital loans, mortgage financing, trade finance, leasing and factoring. In addition to traditional deposit accounts, savings instruments and debit/credit card services, the bank provides treasury and foreign exchange solutions designed to support domestic and export-oriented businesses.

Founded in 1994 and headquartered in León, Guanajuato, Banco del Bajío has grown from a regional lender into one of Mexico’s prominent mid-tier banks.

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