Singapore Exchange Limited (OTCMKTS:SPXCY – Get Free Report)’s stock price gapped down before the market opened on Friday. The stock had previously closed at $32.67, but opened at $31.55. Singapore Exchange shares last traded at $33.27, with a volume of 7,690 shares trading hands.
Wall Street Analyst Weigh In
Separately, Zacks Research cut Singapore Exchange from a “hold” rating to a “strong sell” rating in a report on Wednesday, October 7th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, Singapore Exchange currently has an average rating of “Sell”.
Check Out Our Latest Analysis on Singapore Exchange
Singapore Exchange Trading Up 0.2%
The stock’s 50-day simple moving average is $36.85 and its two-hundred day simple moving average is $35.64.
About Singapore Exchange
Singapore Exchange Limited (SGX) operates Singapore’s securities and derivatives exchange. Its marketplace supports the listing and trading of equities, exchange-traded funds, real estate investment trusts, bonds and other securities, while its derivatives business offers contracts linked to equity indexes, commodities, currencies and interest rates.
SGX also provides market infrastructure and related services, including clearing, settlement, custody, market data, indices and connectivity solutions.
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