Singapore Exchange (OTCMKTS:SPXCY) Sets New 1-Year High – Should You Buy?

Shares of Singapore Exchange Limited (OTCMKTS:SPXCYGet Free Report) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $40.47 and last traded at $40.47, with a volume of 9705 shares trading hands. The stock had previously closed at $39.43.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut Singapore Exchange from a “strong-buy” rating to a “hold” rating in a report on Monday, August 17th. One analyst has rated the stock with a Hold rating, According to MarketBeat.com, the stock presently has a consensus rating of “Hold”.

Check Out Our Latest Report on Singapore Exchange

Singapore Exchange Price Performance

The business’s 50-day simple moving average is $38.23 and its two-hundred day simple moving average is $34.57.

About Singapore Exchange

(Get Free Report)

Singapore Exchange Limited (SGX), trading on the OTCMKTS under the symbol SPXCY, is Singapore’s primary securities and derivatives exchange. The company operates multiple business segments, including the securities market, derivatives market, and post-trade services. On its securities market, SGX provides trading, clearing and settlement for equities, fixed income, exchange-traded funds (ETFs), real estate investment trusts (REITs), and structured products. Its derivatives platform offers futures and options on equity indices, single stocks, interest rates, foreign exchange, commodities and carbon credits.

Read More

Receive News & Ratings for Singapore Exchange Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Singapore Exchange and related companies with MarketBeat.com's FREE daily email newsletter.