Macquarie Group Limited (OTCMKTS:MQBKY – Get Free Report)’s share price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $145.61 and traded as low as $140.74. Macquarie Group shares last traded at $140.89, with a volume of 13,376 shares trading hands.
Analyst Ratings Changes
Separately, Citigroup downgraded Macquarie Group from a “hold” rating to a “strong sell” rating in a research note on Sunday, October 13th.
Check Out Our Latest Research Report on MQBKY
Macquarie Group Stock Performance
Macquarie Group Cuts Dividend
The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Tuesday, November 12th were given a dividend of $1.7113 per share. The ex-dividend date of this dividend was Tuesday, November 12th. Macquarie Group’s dividend payout ratio is currently 77.74%.
Macquarie Group Company Profile
Macquarie Group Limited provides diversified financial services in Australia, the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company operates through four segments: Macquarie Asset Management (MAM), Banking and Financial Services (BFS), Commodities and Global Markets (CGM), and Macquarie Capital.
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