Sanlam Limited (OTCMKTS:SLLDY – Get Free Report) shares dropped 1.1% on Tuesday . The stock traded as low as C$9.92 and last traded at C$10.00. Approximately 8,674 shares traded hands during mid-day trading, a decline of 69% from the average daily volume of 28,021 shares. The stock had previously closed at C$10.11.
Sanlam Stock Performance
The firm’s 50 day simple moving average is C$9.93 and its 200 day simple moving average is C$9.61.
About Sanlam
Sanlam Limited provides various financial solutions to individual, business, and institutional clients in South Africa, rest of Africa, and internationally. The company operates through Sanlam Life and Savings, Sanlam Emerging Markets, Sanlam Investment Group, and Santam segments. It offers life, disability, severe illness, income protection, cancer, funeral, credit life, medical aid, gap cover, vehicle, house contents, buildings, all risk, buy and sell, business debt, key person, and group risk benefits insurance, as well as commercial insurance products consisting of office contents, theft, glass, personal accident, goods in transit, machinery breakdown, fire, business interruption, money, deterioration of stock, accidental damage, public liability, and electronic equipment.
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