JAPAN POST BANK (OTCMKTS:JPPTY) Stock Price Up 0.2% – Here’s What Happened

Shares of JAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY) traded up 0.2% on Friday . The stock traded as high as $20.31 and last traded at $17.85. 1,858,642 shares changed hands during mid-day trading, an increase of 123% from the average session volume of 835,143 shares. The stock had previously closed at $17.82.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group upgraded JAPAN POST BANK to a “buy” rating in a research report on Monday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, JAPAN POST BANK has a consensus rating of “Buy”.

JAPAN POST BANK Price Performance

The business’s fifty day simple moving average is $13.76 and its 200-day simple moving average is $12.13.

JAPAN POST BANK Company Profile

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.