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

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report)’s share price was down 12.4% during trading on Friday . The company traded as low as $11.52 and last traded at $11.52. Approximately 3,121 shares changed 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 Down 12.4%

The business has a 50 day simple moving average of $13.24 and a 200 day simple moving average of $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.

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