National Bank of Greece (NASDAQ:NBGGY) was downgraded by stock analysts at Citigroup Inc. to a “neutral” rating in a note issued to investors on Monday. The analysts noted that the move was a valuation call.

Shares of National Bank of Greece (NASDAQ:NBGGY) traded down 0.24495% during midday trading on Monday, hitting $0.39503. 1,095,085 shares of the company’s stock were exchanged. The company has a 50-day moving average of $0.37 and a 200-day moving average of $0.29. National Bank of Greece has a 52 week low of $0.19 and a 52 week high of $0.41. The firm’s market cap is $3.61 billion.

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About National Bank of Greece

National Bank of Greece SA is a Greece-based company, which provides a range of financial services. Its financial services include retail and commercial banking, asset management, brokerage, investment banking, insurance and real estate at a global level. The Group operates in Greece, Turkey, the United Kingdom, South East Europe (SEE) which includes Bulgaria, Romania, Albania, Serbia and Former Yugoslavian Republic of Macedonia (FYROM), Cyprus, Malta, Egypt and South Africa.

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