Shares of FinecoBank Banca Fineco S.p.A. (OTCMKTS:FCBBF – Get Free Report) dropped 8.7% on Wednesday . The stock traded as low as $22.00 and last traded at $22.00. Approximately 1,979 shares changed hands during mid-day trading, an increase of 324% from the average daily volume of 467 shares. The stock had previously closed at $24.09.
FinecoBank Banca Fineco Stock Performance
The firm has a 50 day moving average price of $23.96 and a 200 day moving average price of $23.09.
FinecoBank Banca Fineco Company Profile
FinecoBank S.p.A., operating under the trade name Banca Fineco, is an Italian direct bank specializing in integrated banking, investment and trading services. Through its proprietary platform, the bank enables retail and institutional clients to access equity and derivative markets, foreign exchange, mutual funds, ETFs and fixed-income products. FinecoBank’s service suite extends to current accounts, debit and credit cards, personal loans and mortgages, supported by digital tools and dedicated customer assistance.
Established in 1982 as part of the financial services arm of the UniCredit Group, FinecoBank pioneered online brokerage in Italy with the launch of its e-trading platform in 1999.
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