Laurentian Bank of Canada (OTCMKTS:LRCDF) Stock Crosses Above Fifty Day Moving Average – What’s Next?

Laurentian Bank of Canada (OTCMKTS:LRCDF) shares crossed above its fifty day moving average during trading on Tuesday . The stock has a fifty day moving average of $19.14 and traded as high as $19.99. Laurentian Bank of Canada shares last traded at $19.99, with a volume of 10,153 shares changing hands.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. BMO Capital Markets restated a “market perform” rating on shares of Laurentian Bank of Canada in a report on Monday, March 3rd. National Bankshares restated an “underperform” rating on shares of Laurentian Bank of Canada in a report on Friday.

Laurentian Bank of Canada Trading Up 0.7%

The company’s fifty day moving average price is $19.14 and its 200-day moving average price is $19.58.

About Laurentian Bank of Canada

Laurentian Bank of Canada, together with its subsidiaries, provides various financial services to personal, business, and institutional customers in Canada and the United States. It operates through three segments: Personal Banking, Commercial Banking, and Capital Markets. The Personal Banking segment offers financial services, such as financial advisory services to financial intermediaries; and operates digital direct-to-customer platform to retail clients.