Sagicor Financial (OTCMKTS:SGCFF) Trading 2.2% Higher – Here’s What Happened

Sagicor Financial Company Ltd. (OTCMKTS:SGCFF) traded up 2.2% on Monday . The stock traded as high as $7.00 and last traded at $7.00. 100 shares traded hands during trading, a decline of 97% from the average session volume of 3,541 shares. The stock had previously closed at $6.85.

Wall Street Analysts Forecast Growth

SGCFF has been the subject of a number of analyst reports. Royal Bank Of Canada restated an “outperform” rating on shares of Sagicor Financial in a research report on Monday, November 17th. Scotiabank reiterated an “outperform” rating on shares of Sagicor Financial in a research note on Monday, November 17th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Sagicor Financial currently has a consensus rating of “Buy”.

Sagicor Financial Price Performance

The business has a fifty day simple moving average of $6.09 and a 200 day simple moving average of $5.93.

Sagicor Financial Company Profile

Sagicor Financial Corporation is a Barbados‐based financial services group that provides a broad spectrum of insurance, banking and investment solutions across the Caribbean and beyond. The company’s core activities include the underwriting of life, health and group insurance products, the administration of annuities and retirement plans, and the provision of individual and corporate wealth‐management services. Through its operating subsidiaries, Sagicor serves both retail and institutional clients seeking protection, savings and long‐term financial planning.

In the banking sector, Sagicor offers deposit‐taking, lending and transaction services via a network of branches and digital platforms.