Kasikornbank Public (OTCMKTS:KPCPY) Share Price Crosses Above Fifty Day Moving Average – Here’s Why

Kasikornbank Public Company Limited (OTCMKTS:KPCPY – Get Free Report) shares passed above its 50 day moving average during trading on Thursday. The stock has a 50 day moving average of $29.19 and traded as high as $30.54. Kasikornbank Public shares last traded at $29.50, with a volume of 18,608 shares traded.

Kasikornbank Public Trading Up 2.5%

The stock’s 50-day simple moving average is $29.19 and its two-hundred day simple moving average is $26.82.

Kasikornbank Public (OTCMKTS:KPCPY – Get Free Report) last announced its earnings results on Wednesday, October 21st. The company reported $0.65 earnings per share for the quarter. The business had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.41 billion.

Kasikornbank Public Company Profile

(Get Free Report)

Kasikornbank Public Company Limited is a Thailand-based commercial bank headquartered in Bangkok. Founded in 1945 as Thai Farmers Bank, the institution adopted the Kasikornbank name in 2003 and has grown into one of Thailand’s major banking groups.

The bank provides a broad range of financial services to individuals, small and medium-sized businesses, and corporate and institutional customers. Its offerings include deposit accounts, consumer and business lending, credit and debit cards, payments, wealth management, trade finance, investment banking, and other commercial banking services.

Recommended Stories

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