Suncorp Group (OTCMKTS:SNMCY) Shares Gap Down – What’s Next?

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report) gapped down prior to trading on Monday . The stock had previously closed at $14.30, but opened at $13.42. Suncorp Group shares last traded at $13.1750, with a volume of 117,639 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research raised Suncorp Group from a “strong sell” rating to a “hold” rating in a research note on Friday, August 14th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has an average rating of “Hold”.

View Our Latest Analysis on Suncorp Group

Suncorp Group Trading Up 5.6%

The firm’s 50 day moving average is $13.45 and its two-hundred day moving average is $12.37.

Suncorp Group Company Profile

(Get Free Report)

Suncorp Group is a leading Australian financial services company headquartered in Brisbane, Queensland. The group offers a comprehensive range of insurance, banking and wealth management products to personal, small business and corporate clients. Operating across Australia and New Zealand, Suncorp serves its customers through a network of branches, digital platforms and partnerships with brokers and agents.

The company’s core insurance business provides general insurance cover for motor, home, commercial and specialty lines.

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