Singapore Exchange Limited (OTCMKTS:SPXCY – Get Free Report) shares saw unusually-strong trading volume on Monday. Approximately 75,371 shares traded hands during mid-day trading, an increase of 149% from the average daily volume of 30,310 shares. The stock last traded at $31.91 and had previously closed at $31.9350.
Analyst Ratings Changes
Separately, Zacks Research cut Singapore Exchange from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 7th. One research analyst has rated the stock with a Sell rating. According to MarketBeat, the company has an average rating of “Sell”.
Read Our Latest Analysis on Singapore Exchange
Singapore Exchange Stock Performance
The stock’s 50 day moving average is $35.36 and its two-hundred day moving average is $33.60.
Singapore Exchange Company Profile
Singapore Exchange Limited (SGX) operates Singapore’s securities and derivatives marketplace. Established in 1999 through the merger of the Stock Exchange of Singapore and the Singapore International Monetary Exchange, SGX has developed into an integrated exchange and financial-market infrastructure provider serving investors, issuers and financial institutions.
SGX offers trading and listing services for equities, exchange-traded funds, real estate investment trusts, fixed-income securities and other financial products.
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