Suncorp Group (OTCMKTS:SNMCY) Shares Gap Down – Here’s What Happened

Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $14.30, but opened at $13.42. Suncorp Group shares last traded at $13.1750, with a volume of 117,639 shares.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Suncorp Group from a “strong sell” rating to a “hold” rating in a report on Friday, August 14th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Suncorp Group currently has a consensus rating of “Hold”.

Read Our Latest Report on SNMCY

Suncorp Group Trading Down 5.3%

The business has a 50-day moving average price of $13.43 and a two-hundred day moving average price of $12.35.

About Suncorp Group

(Get Free Report)

Suncorp Group is a leading Australian financial services company headquartered in Brisbane, Queensland. The group offers a comprehensive range of insurance, banking and wealth management products to personal, small business and corporate clients. Operating across Australia and New Zealand, Suncorp serves its customers through a network of branches, digital platforms and partnerships with brokers and agents.

The company’s core insurance business provides general insurance cover for motor, home, commercial and specialty lines.

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