Malayan Banking Berhad (OTCMKTS:MLYBY) Trading Down 7.9% – Here’s What Happened

Shares of Malayan Banking Berhad (OTCMKTS:MLYBYGet Free Report) were down 7.9% on Thursday . The company traded as low as $5.28 and last traded at $5.28. Approximately 305 shares were traded during mid-day trading, a decline of 83% from the average daily volume of 1,758 shares. The stock had previously closed at $5.73.

Malayan Banking Berhad Stock Performance

The firm’s 50 day moving average price is $5.17 and its two-hundred day moving average price is $5.07.

About Malayan Banking Berhad

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Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.

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