Suncorp Group (OTCMKTS:SNMYF) Shares Down 1.8% – Here’s Why

Suncorp Group Limited (OTCMKTS:SNMYFGet Free Report) dropped 1.8% during trading on Monday . The stock traded as low as $11.78 and last traded at $11.78. Approximately 2,577 shares traded hands during mid-day trading, an increase of 169% from the average daily volume of 959 shares. The stock had previously closed at $12.00.

Suncorp Group Price Performance

The firm has a 50 day simple moving average of $10.88 and a 200 day simple moving average of $11.55.

About Suncorp Group

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Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products.

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