JAPAN POST BANK (OTCMKTS:JPPTY) Stock Price Up 9% – What’s Next?
by Sarita Garza · The Markets DailyJAPAN POST BANK Co., Ltd. (OTCMKTS:JPPTY – Get Free Report) shares were up 9% on Thursday . The stock traded as high as $14.87 and last traded at $14.87. Approximately 3,000 shares changed hands during mid-day trading, an increase of 61% from the average daily volume of 1,865 shares. The stock had previously closed at $13.64.
JAPAN POST BANK Stock Performance
The business’s 50 day moving average is $11.88 and its 200 day moving average is $11.44.
About JAPAN POST BANK
Japan Post Bank Co, Ltd. is one of Japan’s largest retail banks, operating as a subsidiary of Japan Post Holdings. Leveraging the extensive network of post office branches across Japan, the bank provides a full suite of deposit and payment services designed to meet the needs of individual consumers, small- and medium-sized enterprises, and public sector clients. Its broad branch footprint enables convenient access to banking services even in rural areas, underpinning a strong domestic deposit base.
The bank’s core offerings include savings and time deposit accounts, domestic and international remittance services, and foreign currency deposit products.