Standard Chartered (OTCMKTS:SCBFY) Stock Price Up 1.1% – Time to Buy?

Standard Chartered PLC (OTCMKTS:SCBFYGet Free Report) shares rose 1.1% on Thursday . The stock traded as high as $21.97 and last traded at $21.70. Approximately 1,066,929 shares changed hands during mid-day trading, an increase of 909% from the average daily volume of 105,768 shares. The stock had previously closed at $21.46.

Standard Chartered Price Performance

The stock has a fifty day moving average of $20.73 and a two-hundred day moving average of $19.40.

Standard Chartered Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, October 25th. Stockholders of record on Monday, August 12th will be issued a dividend of $0.144 per share. The ex-dividend date is Monday, August 12th.

Standard Chartered Company Profile

(Get Free Report)

Standard Chartered PLC, together with its subsidiaries, provides various banking products and services in Asia, Africa, the Middle East, Europe, and the Americas. The company operates in three segments: Corporate, Commercial & Institutional Banking; Consumer, Private & Business Banking; and Ventures.

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