Sanlam (OTCMKTS:SLLDY) Shares Up 2% – Here’s Why

Sanlam Limited (OTCMKTS:SLLDYGet Free Report)’s share price was up 2% during mid-day trading on Wednesday . The company traded as high as C$10.09 and last traded at C$10.07. 13,353 shares traded hands during mid-day trading, a decline of 6% from the average session volume of 14,237 shares. The stock had previously closed at C$9.87.

Analyst Upgrades and Downgrades

Separately, Barclays upgraded shares of Sanlam to a “hold” rating in a research report on Thursday, October 3rd.

Get Our Latest Stock Analysis on SLLDY

Sanlam Stock Performance

The firm’s 50-day moving average is C$9.98 and its two-hundred day moving average is C$9.33.

About Sanlam

(Get Free Report)

Sanlam Limited provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, and internationally. The company operates through Sanlam Life and Savings, Sanlam Emerging Markets, Sanlam Investment Group, and Santam segments. It offers life, disability, severe illness, income protection, cancer, funeral, credit life, medical aid, gap cover, vehicle, house contents, buildings, all risk, buy and sell, business debt, key person, and group risk benefits insurance, as well as commercial insurance products consisting of office contents, theft, glass, personal accident, goods in transit, machinery breakdown, fire, business interruption, money, deterioration of stock, accidental damage, public liability, and electronic equipment.

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