Banca Monte dei Paschi di Siena (OTCMKTS:BMDPF) Stock Price Passes Above 50 Day Moving Average – Here’s Why

Shares of Banca Monte dei Paschi di Siena S.p.A. (OTCMKTS:BMDPFGet Free Report) crossed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $5.53 and traded as high as $5.59. Banca Monte dei Paschi di Siena shares last traded at $5.59, with a volume of 1,794 shares.

Banca Monte dei Paschi di Siena Stock Performance

The firm has a fifty day simple moving average of $5.53 and a 200-day simple moving average of $5.23.

Banca Monte dei Paschi di Siena Company Profile

(Get Free Report)

Banca Monte dei Paschi di Siena S.p.A. provides retail and commercial banking services in Italy. The company operates through Retail Banking, Corporate Banking, Wealth Management, and Large Corporate and Investment Banking segments. It offers funding and lending services, insurance products, financial advisory, and electronic payment services; financial and non-financial services; wealth management and financial planning services; consultancy services, such as tax planning, real estate, art, and legal advisory; fiduciary and trust services; and digital banking services.

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