Macquarie Group (OTCMKTS:MQBKY) Shares Pass Above 200-Day Moving Average – Should You Sell?

Macquarie Group Limited (OTCMKTS:MQBKYGet Free Report) passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $138.78 and traded as high as $152.16. Macquarie Group shares last traded at $152.16, with a volume of 4,241 shares.

Wall Street Analysts Forecast Growth

Separately, Citigroup cut Macquarie Group from a “hold” rating to a “strong sell” rating in a research note on Sunday, October 13th.

Read Our Latest Analysis on MQBKY

Macquarie Group Stock Down 0.0 %

The company has a 50 day moving average of $153.33 and a 200-day moving average of $138.78.

About Macquarie Group

(Get Free Report)

Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.

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