Intesa Sanpaolo (OTCMKTS:IITSF) Share Price Passes Above 50-Day Moving Average – Should You Sell?

Intesa Sanpaolo S.p.A. (OTCMKTS:IITSFGet Free Report)’s stock price passed above its 50-day moving average during trading on Friday . The stock has a 50-day moving average of $6.69 and traded as high as $7.19. Intesa Sanpaolo shares last traded at $7.0550, with a volume of 75,259 shares traded.

Intesa Sanpaolo Stock Performance

The firm’s 50-day moving average is $6.69 and its 200-day moving average is $6.36.

About Intesa Sanpaolo

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Intesa Sanpaolo S.p.A. is an Italian banking group that provides a wide range of financial products and services to retail, corporate and institutional clients. Its main activities include traditional retail banking, corporate lending, wealth management, asset management and insurance solutions. The group operates through a network of branches, digital channels and specialized subsidiaries to serve the banking, investment and insurance needs of individuals and businesses.

The origins of Intesa Sanpaolo date back to the early 19th century through predecessor institutions such as Banca Commerciale Italiana and Istituto Bancario San Paolo di Torino.

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