Suncorp Group (OTCMKTS:SNMCY) Shares Down 12.4% – Here’s Why

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report)’s stock price was down 12.4% on Friday . The stock traded as low as $11.52 and last traded at $11.52. Approximately 3,121 shares traded hands during mid-day trading, a decline of 66% from the average daily volume of 9,304 shares. The stock had previously closed at $13.15.

Suncorp Group Stock Performance

The business’s 50-day simple moving average is $13.24 and its 200-day simple moving average is $13.56.

About Suncorp Group

(Get Free Report)

Suncorp Group Limited provides insurance and banking products and services to retail, corporate, and commercial customers in Australia and New Zealand. The company operates through Insurance (Australia), Suncorp Bank, and Suncorp New Zealand segments. The Insurance (Australia) segment provides general insurance products and services, including home and contents, motor, marine, travel, commercial property, industrial special risk, public liability and professional indemnity, workers' compensation, and compulsory third-party products, as well as distributes life insurance products.

Further Reading

Receive News & Ratings for Suncorp Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Suncorp Group and related companies with MarketBeat.com's FREE daily email newsletter.