Sydbank A/S (LON:0MGE) Stock Price Down 3.8% – Should You Sell?

Shares of Sydbank A/S (LON:0MGE) dropped 3.8% during mid-day trading on Friday . The company traded as low as GBX 519.50 and last traded at GBX 520.50. Approximately 1,488 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 9,325 shares. The stock had previously closed at GBX 541.

Sydbank A/S Stock Performance

The stock has a 50 day simple moving average of GBX 562.70 and a two-hundred day simple moving average of GBX 534.52.

Sydbank A/S Company Profile

Sydbank A/S, together with its subsidiaries, provides various banking products and services to corporate, private, retail, and institutional clients in Denmark and internationally. The company operates in Banking, Asset Management, Sydbank Markets, Treasury, and Other segments. The company offers various deposits, and loans and advances; and corporate banking services, including financing solutions and advisory services; leasing solutions to businesses; and international commercial banking services, such as payment and cash management solutions.