Kasikornbank Public (OTCMKTS:KPCPY) Shares Down 3.1% – Here’s Why
by Tristan Rich · The Markets DailyKasikornbank Public Company Limited (OTCMKTS:KPCPY – Get Free Report)’s share price traded down 3.1% during mid-day trading on Friday . The company traded as low as $25.20 and last traded at $25.20. 25,286 shares changed hands during trading, an increase of 0% from the average session volume of 25,265 shares. The stock had previously closed at $26.00.
Kasikornbank Public Stock Performance
The business has a 50 day moving average price of $24.70 and a 200-day moving average price of $24.53.
Kasikornbank Public (OTCMKTS:KPCPY – Get Free Report) last posted its earnings results on Tuesday, April 21st. The company reported $0.79 earnings per share for the quarter. The business had revenue of $1.47 billion for the quarter.
About Kasikornbank Public
Kasikornbank Public Company Limited, trading on the OTC market under the symbol KPCPY, is one of Thailand’s largest banking institutions. Established in 1945 as Thai Farmers Bank by Choti Lamsam to serve the agricultural sector, it was rebranded as Kasikornbank in 2003 to reflect its broader range of financial activities. Headquartered in Bangkok, the bank has evolved into a universal bank offering a comprehensive suite of banking and financial solutions.
The bank’s core services include retail and corporate banking products such as deposit accounts, personal and business loans, trade finance, and cash management.