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

Shares of Suncorp Group Limited (OTCMKTS:SNMCYGet Free Report) 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 upgraded shares of Suncorp Group from a “strong sell” rating to a “hold” rating in a research report on Friday, August 14th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, Suncorp Group presently has an average rating of “Hold”.

Check Out Our Latest Report on Suncorp Group

Suncorp Group Price Performance

The business has a fifty day moving average of $13.43 and a 200-day moving average of $12.35.

Suncorp Group Company Profile

(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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