Banco de Sabadell (OTCMKTS:BNDSY) Shares Up 6.7% – Here’s What Happened

Banco de Sabadell, S.A. (OTCMKTS:BNDSY)’s share price traded up 6.7% during trading on Monday . The company traded as high as $8.15 and last traded at $8.15. 1,349 shares traded hands during mid-day trading, a decline of 44% from the average session volume of 2,406 shares. The stock had previously closed at $7.6399.

Banco de Sabadell Stock Up 6.7%

The company has a 50-day simple moving average of $7.76 and a 200 day simple moving average of $7.57.

About Banco de Sabadell

Grupo Banco Sabadell SA, traded in the U.S. on the OTC market under the symbol BNDSY, is a diversified banking group headquartered in Alicante, Spain, with roots dating back to its founding in 1881 in the city of Sabadell. The bank provides a full range of financial services, including retail and commercial lending, deposit accounts, mortgages, credit and debit card programs, leasing, factoring, and consumer finance. It also offers corporate and investment banking solutions such as syndicated loans, debt issuance, trade finance, and foreign exchange services.

Over its history, Banco Sabadell has grown through a series of domestic and international acquisitions, establishing itself as one of Spain’s leading financial institutions.