Singapore Exchange (OTCMKTS:SPXCY) Reaches New 1-Year High – Still a Buy?

Singapore Exchange Limited (OTCMKTS:SPXCYGet Free Report)’s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $39.54 and last traded at $39.49, with a volume of 10609 shares changing hands. The stock had previously closed at $38.4640.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Singapore Exchange to a “strong-buy” rating in a research report on Wednesday, June 24th. One analyst has rated the stock with a Strong Buy rating, According to data from MarketBeat.com, the company presently has an average rating of “Strong Buy”.

Read Our Latest Stock Analysis on SPXCY

Singapore Exchange Price Performance

The business has a 50-day moving average price of $36.79 and a 200 day moving average price of $32.98.

Singapore Exchange Company Profile

(Get Free Report)

Singapore Exchange Limited (SGX), trading on the OTCMKTS under the symbol SPXCY, is Singapore’s primary securities and derivatives exchange. The company operates multiple business segments, including the securities market, derivatives market, and post-trade services. On its securities market, SGX provides trading, clearing and settlement for equities, fixed income, exchange-traded funds (ETFs), real estate investment trusts (REITs), and structured products. Its derivatives platform offers futures and options on equity indices, single stocks, interest rates, foreign exchange, commodities and carbon credits.

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