Malayan Banking Berhad (OTCMKTS:MLYBY) Shares Up 6.4% – Time to Buy?

Malayan Banking Berhad (OTCMKTS:MLYBYGet Free Report) shares shot up 6.4% during mid-day trading on Friday . The stock traded as high as $5.35 and last traded at $5.35. 881 shares changed hands during trading, a decline of 37% from the average session volume of 1,389 shares. The stock had previously closed at $5.03.

Malayan Banking Berhad Stock Up 6.4 %

The stock has a fifty day moving average of $5.28 and a 200 day moving average of $5.16.

About Malayan Banking Berhad

(Get Free Report)

Malayan Banking Berhad provides commercial banking and related financial products and services. The company operates through three segments: Group Community Financial Services, Group Global Banking, and Group Insurance and Takaful. It offers savings and fixed deposits, and current accounts; and housing and personal loans, project financing, overdrafts, and trade financing, as well as remittance services.

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