Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBY) Trading Up 3.8% – Still a Buy?

Turkiye Garanti Bankasi A.S. (OTCMKTS:TKGBYGet Free Report)’s stock price rose 3.8% on Monday . The stock traded as high as $3.65 and last traded at $3.52. Approximately 115,547 shares traded hands during trading, an increase of 302% from the average daily volume of 28,718 shares. The stock had previously closed at $3.39.

Turkiye Garanti Bankasi A.S. Price Performance

The stock’s 50-day moving average is $3.27 and its 200 day moving average is $3.32.

Turkiye Garanti Bankasi A.S. Company Profile

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Türkiye Garanti Bankası A.Ş., commonly branded as Garanti BBVA, is one of Turkey’s largest private banks. Founded in 1946 and headquartered in Istanbul, the bank offers a comprehensive suite of financial services tailored to retail, commercial and institutional customers. Its core offerings include deposit accounts, payment services, consumer and mortgage lending, credit cards, and treasury operations.

In 2011, Spain’s Banco Bilbao Vizcaya Argentaria (BBVA) acquired a majority stake in Garanti, integrating advanced international banking practices and digital capabilities into its operations.

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