Malayan Banking Berhad (OTCMKTS:MLYBY) Shares Break Above 50-Day Moving Average – What’s Next?

Malayan Banking Berhad (OTCMKTS:MLYBY – Get Free Report) shares crossed above its 50 day moving average during trading on Friday. The stock has a 50 day moving average of $5.22 and traded as high as $5.49. Malayan Banking Berhad shares last traded at $5.26, with a volume of 956 shares changing hands.

Malayan Banking Berhad Trading Up 2.2%

The stock’s 50-day simple moving average is $5.22 and its 200 day simple moving average is $5.76.

Malayan Banking Berhad Company Profile

(Get Free Report)

Malayan Banking Berhad, commonly known as Maybank, is a Malaysia-based banking group that provides financial services to individuals, businesses, corporations, and institutional clients. Its offerings include personal and commercial banking, consumer lending, deposits, credit cards, payments, trade finance, treasury services, and corporate financing. The group also operates businesses in investment banking, Islamic banking, wealth management, asset management, insurance, and takaful. Through its banking and financial-services subsidiaries, Maybank serves retail customers, small and medium-sized enterprises, large corporations, governments, and investors.

Featured Articles

Receive News & Ratings for Malayan Banking Berhad Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Malayan Banking Berhad and related companies with MarketBeat.com's FREE daily email newsletter.