Public Bank Berhad (OTCMKTS:PBLOF) Trading Up 82.7% – Time to Buy?

Public Bank Berhad (OTCMKTS:PBLOFGet Free Report) rose 82.7% on Thursday . The company traded as high as $0.95 and last traded at $0.95. Approximately 6,595 shares were traded during mid-day trading, a decline of 42% from the average daily volume of 11,450 shares. The stock had previously closed at $0.52.

Public Bank Berhad Stock Performance

The business has a 50-day simple moving average of $0.91 and a 200-day simple moving average of $0.86.

About Public Bank Berhad

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Public Bank Berhad engages in the banking activities. The company’s deposit products include savings, current, fixed deposit, foreign currency, and safe deposit box services. Its loan portfolio comprises home, SWIFT, working capital, SME, and other loans; overdrafts; project and vehicle financing; PB retail negotiable instruments of deposit; and credit guarantee corporation guarantee schemes and BNM funds.

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