Kasikornbank Public (OTCMKTS:KPCPY) Trading Down 3% – Here’s Why

Kasikornbank Public Company Limited (OTCMKTS:KPCPY) shares fell 3% during mid-day trading on Monday . The stock traded as low as $22.55 and last traded at $23.25. 5,753 shares traded hands during trading, a decline of 35% from the average session volume of 8,787 shares. The stock had previously closed at $23.9704.

Kasikornbank Public Stock Performance

The business has a 50 day moving average price of $21.93 and a two-hundred day moving average price of $20.65.

Kasikornbank Public (OTCMKTS:KPCPY) last issued its quarterly earnings data on Tuesday, October 21st. The company reported $0.67 EPS for the quarter. The firm had revenue of $1.67 billion for the quarter.

Kasikornbank Public Cuts Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, October 14th. Investors of record on Friday, September 12th were given a dividend of $0.1729 per share. This represents a yield of 568.0%. The ex-dividend date of this dividend was Thursday, September 11th.

Kasikornbank Public Company Profile

Kasikornbank Public Company Limited, together with its subsidiaries, provides commercial banking products and services in Thailand and internationally. The company's personal banking products and services include savings, current, fixed deposit, and foreign currency accounts; personal, home, and auto loans; debit and credit cards; health, accident, travel, retire, loan, save and invest, life and non-life insurance products; investment products, such as mutual funds, stocks, and derivatives/futures exchange; money transfer and bill payment, cheque and draft, and foreign exchange services; and digital banking services.