Canadian Western Bank (OTCMKTS:CBWBF) Share Price Crosses Below Fifty Day Moving Average – Here’s Why

Canadian Western Bank (OTCMKTS:CBWBFGet Free Report)’s share price passed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $39.71 and traded as low as $39.71. Canadian Western Bank shares last traded at $39.71, with a volume of 4,161 shares.

Canadian Western Bank Stock Performance

The stock has a 50-day moving average of $39.71 and a 200-day moving average of $39.71.

Canadian Western Bank Company Profile

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Canadian Western Bank is a Canadian chartered bank offering a range of banking and financial services to personal, commercial and institutional clients. Its core business activities include commercial lending, personal banking, wealth management, equipment financing and insurance. The bank develops tailored financing solutions for small to medium-sized enterprises, while providing deposit accounts, residential mortgages and digital banking platforms to individual customers.

Founded in 1988 and headquartered in Edmonton, Alberta, Canadian Western Bank was created to address the financing needs of growing businesses in Western Canada.

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