Laurentian Bank of Canada (OTCMKTS:LRCDF) Shares Climb 1.1% – Still a Buy?

Laurentian Bank of Canada (OTCMKTS:LRCDF) shares were up 1.1% during mid-day trading on Friday. The company traded as high as $28.8840 and last traded at $28.8840. Approximately 1,944,448 shares were traded during mid-day trading, an increase of 46,451% from the average daily volume of 4,177 shares. The stock had previously closed at $28.5577.

Laurentian Bank of Canada Stock Performance

The company’s 50-day simple moving average is $28.83 and its 200-day simple moving average is $28.95.

Laurentian Bank of Canada Company Profile

Laurentian Bank of Canada is a Canadian financial institution headquartered in Montreal, Quebec. Founded in 1846 as the Montreal City and District Savings Bank, it has developed into a full-service bank serving personal, commercial and institutional customers.

The bank provides personal banking products such as deposit accounts, mortgages, personal loans, credit cards and investment services. Through its commercial banking operations, Laurentian Bank offers financing, cash-management solutions, deposits and other financial services to businesses and commercial real estate clients.

Laurentian Bank also provides wealth management and capital markets services, including investment and advisory solutions for individuals, businesses and institutional clients.