Mediobanca Banca di Credito Finanziario (OTCMKTS:MDIBY) Stock Price Up 2.3% – Time to Buy?

Mediobanca Banca di Credito Finanziario S.p.A. (OTCMKTS:MDIBYGet Free Report) rose 2.3% during trading on Thursday . The stock traded as high as $20.94 and last traded at $20.44. Approximately 16,482 shares were traded during mid-day trading, an increase of 160% from the average daily volume of 6,331 shares. The stock had previously closed at $19.98.

Mediobanca Banca di Credito Finanziario Trading Up 1.8%

The company has a 50-day moving average price of $20.12 and a 200-day moving average price of $21.21.

Mediobanca Banca di Credito Finanziario Company Profile

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Mediobanca – Banca di Credito Finanziario S.p.A. is an Italian financial institution founded in 1946 and headquartered in Milan. Initially established to support the post-war reconstruction of Italian industry, the bank has grown into one of the country’s leading corporate and investment banking groups. Over its history, Mediobanca has played a central role in landmark Italian M&A transactions and capital market operations.

The Group’s core business activities encompass corporate finance, debt and equity capital markets, securitization and lending to large and mid-sized corporates.

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