Sanlam Limited (OTCMKTS:SLLDY – Get Free Report)’s share price fell 6.2% during trading on Tuesday . The company traded as low as C$11.93 and last traded at C$12.30. 56,021 shares were traded during mid-day trading, an increase of 72% from the average session volume of 32,522 shares. The stock had previously closed at C$13.11.
Sanlam Trading Down 6.2%
The company has a fifty day moving average of C$12.69 and a two-hundred day moving average of C$11.29.
About Sanlam
Sanlam Limited (OTCMKTS:SLLDY) is a South African financial services group offering a broad array of insurance, investment and wealth management solutions. Headquartered in Bellville, Cape Town, the company provides life and health insurance, general insurance products, retirement planning and savings vehicles to individual and corporate clients. Through its network of advisors and digital platforms, Sanlam seeks to deliver tailored financial planning, estate planning, risk cover and wealth preservation services across multiple market segments.
Founded in 1918 as the South African Life Assurance and Investment Society, Sanlam has grown into one of the continent’s largest insurers.
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