Capitec Bank (OTCMKTS:CKHGY) Trading Down 0.6% – Here’s Why

Capitec Bank Holdings Limited (OTCMKTS:CKHGY)’s stock price fell 0.6% during trading on Wednesday . The stock traded as low as $83.42 and last traded at $83.42. 493 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 2,526 shares. The stock had previously closed at $83.92.

Capitec Bank Stock Down 0.8 %

The company’s fifty day moving average price is $89.24 and its two-hundred day moving average price is $83.26.

Capitec Bank Cuts Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, November 5th. Stockholders of record on Friday, October 18th were issued a dividend of $0.4296 per share. The ex-dividend date of this dividend was Friday, October 18th.

Capitec Bank Company Profile

Capitec Bank Holdings Limited, through its subsidiaries, provides various banking products and services in South Africa. The company operates through three segments: Retail Bank, Business Bank, and Insurance. It offers transactional banking services; fixed and tax-free savings, and call and notice deposits; term loans, credit facilities, mortgage loans, overdrafts, instalment sales and leases, credit and debit cards, and access facilities; rental finance; payment services; merchant services; and value-added services, as well as credit and life insurance products.