Capitec Bank (OTCMKTS:CKHGY) Trading Down 2.8% – Time to Sell?

Shares of Capitec Bank Holdings Limited (OTCMKTS:CKHGYGet Free Report) dropped 2.8% on Thursday . The stock traded as low as $86.08 and last traded at $86.24. Approximately 1,291 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 2,503 shares. The stock had previously closed at $88.71.

Capitec Bank Price Performance

The business has a 50 day moving average price of $83.16 and a 200-day moving average price of $86.30.

Capitec Bank Company Profile

(Get Free Report)

Capitec Bank Holdings Limited, through its subsidiaries, provides various banking products and services in South Africa. The company operates through three segments: Retail Bank, Business Bank, and Insurance. It offers transactional banking services; fixed and tax-free savings, and call and notice deposits; term loans, credit facilities, mortgage loans, overdrafts, instalment sales and leases, credit and debit cards, and access facilities; rental finance; payment services; merchant services; and value-added services, as well as credit and life insurance products.

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