Bendigo and Adelaide Bank Ltd (ASX:BEN)’s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $10.77 and traded as low as $9.99. Bendigo and Adelaide Bank shares last traded at $9.99, with a volume of 2,375,218 shares traded.
The stock has a market cap of $4.86 billion and a price-to-earnings ratio of 14.12. The firm’s 50-day simple moving average is A$10.68 and its two-hundred day simple moving average is A$11.06.
In other news, insider Marnie Baker 4,775 shares of the stock in a transaction dated Thursday, October 3rd.
Bendigo and Adelaide Bank Limited provides banking and financial services to retail customers and small to medium sized businesses in Australia. It operates through three segments: Consumer, Business, and Agribusiness. The company offers commercial, residential, and consumer finance services; and deposit-taking, payment, wealth management, treasury, and foreign exchange services.
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