Bendigo and Adelaide Bank (OTCMKTS:BXRBF) Trading 0.8% Higher – Still a Buy?

Shares of Bendigo and Adelaide Bank Limited (OTCMKTS:BXRBFGet Free Report) rose 0.8% on Friday . The stock traded as high as $7.31 and last traded at $7.31. Approximately 1,000 shares changed hands during mid-day trading, an increase of 60% from the average daily volume of 625 shares. The stock had previously closed at $7.25.

Bendigo and Adelaide Bank Stock Up 0.8%

The firm has a 50 day moving average price of $7.16 and a two-hundred day moving average price of $7.06.

About Bendigo and Adelaide Bank

(Get Free Report)

Bendigo and Adelaide Bank (OTCMKTS:BXRBF) is an Australian retail bank formed through the 2007 merger of Bendigo Bank and Adelaide Bank. Headquartered in Bendigo, Victoria, the bank has grown into one of the country’s largest regionally based financial institutions. It maintains a diversified presence across metropolitan and rural areas of Australia, operating through a combination of centrally managed branches, agencies and an innovative Community Bank franchise network that partners with local community groups.

The bank’s core business activities encompass a full range of retail, business and agribusiness banking services.

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