OFX Group (OTCMKTS:OZFRY) Stock Price Up 15.1% – Here’s Why

Shares of OFX Group Limited (OTCMKTS:OZFRYGet Free Report) were up 15.1% during mid-day trading on Tuesday . The company traded as high as $1.82 and last traded at $1.82. Approximately 250 shares traded hands during mid-day trading, a decline of 92% from the average daily volume of 2,950 shares. The stock had previously closed at $1.5810.

OFX Group Trading Up 15.1%

The company has a 50-day simple moving average of $1.69 and a two-hundred day simple moving average of $2.23.

About OFX Group

(Get Free Report)

OFX Group is a global provider of online foreign exchange and international payment services. The company operates a digital platform that enables individuals, small businesses, and larger institutions to send and receive money across borders at competitive exchange rates. Its core offering includes spot and forward currency contracts, risk management tools, and multi-currency accounts designed to streamline cross-border transactions.

Originally founded in Sydney in 1998 under the name OzForex, OFX Group has grown through organic expansion and acquisitions to establish a presence in major financial markets.

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