Macquarie Group (ASX:MQG) Hits New 52-Week High at $149.48

Macquarie Group Ltd (ASX:MQG) shares reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as A$149.48 ($106.01) and last traded at A$149.31 ($105.89), with a volume of 780771 shares changing hands. The stock had previously closed at A$148.26 ($105.15).

The company has a 50 day moving average of A$142.77 and a 200-day moving average of A$134.15. The firm has a market capitalization of $53.14 billion and a P/E ratio of 16.46.

About Macquarie Group (ASX:MQG)

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

Read More: What is an Initial Coin Offering (ICO)?

Receive News & Ratings for Macquarie Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Macquarie Group and related companies with MarketBeat.com's FREE daily email newsletter.