Malayan Banking Berhad (OTCMKTS:MLYBY) Shares Down 0.1% – What’s Next?

Malayan Banking Berhad (OTCMKTS:MLYBYGet Free Report)’s stock price traded down 0.1% during mid-day trading on Monday . The company traded as low as $4.9950 and last traded at $4.9950. 1,612 shares changed hands during mid-day trading, a decline of 24% from the average session volume of 2,115 shares. The stock had previously closed at $5.00.

Analysts Set New Price Targets

Separately, Macquarie raised shares of Malayan Banking Berhad to a “strong-buy” rating in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Strong Buy”.

Read Our Latest Research Report on MLYBY

Malayan Banking Berhad Stock Down 0.1%

The business has a 50 day simple moving average of $4.57 and a 200-day simple moving average of $4.55.

Malayan Banking Berhad Company Profile

(Get Free Report)

Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.

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