Macquarie Group Limited (OTCMKTS:MQBKY – Get Free Report) crossed below its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $146.04 and traded as low as $143.84. Macquarie Group shares last traded at $144.16, with a volume of 24,758 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Citigroup lowered Macquarie Group from a “hold” rating to a “strong sell” rating in a report on Sunday, October 13th.
View Our Latest Report on MQBKY
Macquarie Group Stock Performance
Macquarie Group Cuts Dividend
The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Tuesday, November 12th were given a $1.7113 dividend. The ex-dividend date of this dividend was Tuesday, November 12th. Macquarie Group’s dividend payout ratio (DPR) is presently 77.74%.
Macquarie Group Company Profile
Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.
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