Plus500 (OTCMKTS:PLSQF) Trading Down 3% – Here’s Why

Shares of Plus500 Ltd. (OTCMKTS:PLSQFGet Free Report) dropped 3% on Wednesday . The stock traded as low as $32.69 and last traded at $32.69. Approximately 900 shares traded hands during trading, a decline of 14% from the average daily volume of 1,050 shares. The stock had previously closed at $33.70.

Plus500 Price Performance

The company’s 50-day moving average is $32.37 and its 200-day moving average is $26.85.

About Plus500

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Plus500 Ltd., a fintech company, operates technology-based trading platforms in Europe, the United Kingdom, Australia, and internationally. The company develops and operates an online trading platform, including over the counter (OTC) products comprising the contracts for difference (CFDs) sector enabling its international customer base of individual customers to trade CFDs on underlying financial instruments comprising shares, indices, commodities, options, ETFs, foreign exchange, and cryptocurrencies internationally.

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