Laurentian Bank of Canada (OTCMKTS:LRCDF) Stock Crosses Below 200-Day Moving Average – Here’s Why

Shares of Laurentian Bank of Canada (OTCMKTS:LRCDFGet Free Report) crossed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $19.70 and traded as low as $18.81. Laurentian Bank of Canada shares last traded at $19.01, with a volume of 7,433 shares traded.

Wall Street Analysts Forecast Growth

Separately, BMO Capital Markets restated a “market perform” rating on shares of Laurentian Bank of Canada in a research note on Monday, March 3rd.

Check Out Our Latest Analysis on LRCDF

Laurentian Bank of Canada Stock Up 4.1 %

The stock’s fifty day moving average price is $19.33 and its 200-day moving average price is $19.70.

About Laurentian Bank of Canada

(Get Free Report)

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients.

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