Singapore Exchange Limited (OTCMKTS:SPXCY – Get Free Report) shares saw unusually-high trading volume on Monday. Approximately 51,379 shares were traded during mid-day trading, an increase of 71% from the average daily volume of 30,046 shares. The stock last traded at $32.2908 and had previously closed at $32.5950.
Analysts Set New Price Targets
Separately, Zacks Research cut shares of Singapore Exchange from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 7th. One equities research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Singapore Exchange currently has an average rating of “Sell”.
Read Our Latest Analysis on SPXCY
Singapore Exchange Price Performance
The firm’s 50-day moving average price is $35.79 and its 200 day moving average price is $33.52.
Singapore Exchange Company Profile
Singapore Exchange Limited (SGX) operates Singapore’s securities and derivatives marketplace. Established in 1999 through the merger of the Stock Exchange of Singapore and the Singapore International Monetary Exchange, SGX has developed into an integrated exchange and financial-market infrastructure provider serving investors, issuers and financial institutions.
SGX offers trading and listing services for equities, exchange-traded funds, real estate investment trusts, fixed-income securities and other financial products.
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