Concordia Financial Group (OTCMKTS:CCRDF) Shares Up 8.8% – Here’s Why

Concordia Financial Group, Ltd. (OTCMKTS:CCRDF)’s stock price traded up 8.8% during mid-day trading on Tuesday . The stock traded as high as $12.20 and last traded at $12.20. 7,615 shares traded hands during trading, an increase of 354% from the average session volume of 1,678 shares. The stock had previously closed at $11.2125.

Concordia Financial Group Stock Performance

The company has a 50-day moving average of $11.34 and a 200 day moving average of $10.57.

Insider Activity

In other Concordia Financial Group news, Director Gary W. Pace purchased 687,285 shares of the company’s stock in a transaction dated Tuesday, July 14th. The stock was purchased at an average price of $1.46 per share, for a total transaction of $1,003,436.10. Following the transaction, the director owned 2,043,661 shares in the company, valued at $2,983,745.06. The trade was a 50.67% increase in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Concordia Financial Group Company Profile

Concordia Financial Group, Inc (OTCMKTS: CCRDF) is a Japanese financial holding company headquartered in Hiroshima. Established through the integration of regional banking operations, the group oversees multiple bank subsidiaries and offers a comprehensive range of banking services to individual and corporate clients. Concordia Financial Group is focused on leveraging its regional presence to deliver tailored financial solutions across its core market areas.

The company’s main business activities include deposit-taking, lending and settlement services.