JAPAN POST BANK (OTCMKTS:JPPTY) Trading 0.2% Higher – Time to Buy?

JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY)’s share price was up 0.2% during mid-day trading on Monday . The company traded as high as $20.10 and last traded at $19.65. Approximately 99,163 shares changed hands during trading, a decline of 79% from the average daily volume of 476,729 shares. The stock had previously closed at $19.62.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of JAPAN POST BANK to a “buy” rating in a research note on Monday, January 26th. One analyst has rated the stock with a Buy rating, According to MarketBeat, the stock presently has an average rating of “Buy”.

JAPAN POST BANK Trading Up 0.2%

The company has a fifty day simple moving average of $16.40 and a 200-day simple moving average of $13.31.

About JAPAN POST BANK

Japan Post Bank Co, Ltd. is one of Japan’s largest retail banks, operating as a subsidiary of Japan Post Holdings. Leveraging the extensive network of post office branches across Japan, the bank provides a full suite of deposit and payment services designed to meet the needs of individual consumers, small- and medium-sized enterprises, and public sector clients. Its broad branch footprint enables convenient access to banking services even in rural areas, underpinning a strong domestic deposit base.

The bank’s core offerings include savings and time deposit accounts, domestic and international remittance services, and foreign currency deposit products.