EQB (OTCMKTS:EQGPF) Shares Climb 0.3% – Here’s Why

EQB Inc. (OTCMKTS:EQGPF)’s stock price was up 0.3% on Monday. The stock traded as high as $90.04 and last traded at $89.68. 1,463 shares were traded during mid-day trading, a decline of 90% from the average session volume of 13,961 shares. The stock had previously closed at $89.38.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Scotiabank reissued a “sector perform” rating on shares of EQB in a research report on Monday, August 31st. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of EQB in a research report on Friday, August 28th. Raymond James Financial lowered shares of EQB from a “market perform” rating to an “underperform” rating in a research note on Thursday, August 27th. Finally, Canadian Imperial Bank of Commerce reiterated an “outperform” rating on shares of EQB in a research report on Wednesday, August 19th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold”.

EQB Stock Performance

The stock has a 50-day moving average of $95.95 and a two-hundred day moving average of $89.80.

EQB Company Profile

EQB Inc is a Canadian financial services company and the parent organization of Equitable Bank, which operates under the EQ Bank brand. The company provides banking, lending and investment services to individuals, businesses and institutional clients across Canada.

Through Equitable Bank, EQB offers deposit accounts, savings products, residential mortgages, commercial real estate financing and other specialized lending solutions. Its digital banking platform, EQ Bank, provides online banking services designed to serve customers without a traditional branch network.