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Concordia Financial Group (OTCMKTS:CRDIY) Rating Increased to Hold at Zacks Research

Key Points

  • Zacks Research upgraded Concordia Financial Group (OTCMKTS:CRDIY) to a hold rating in a report released Thursday.
  • Shares opened at $31.00 with a 50-day simple moving average of $29.29, a 200-day SMA of $25.74, and a 12‑month range of $16.12 to $39.91.
  • Concordia is a regional financial holding company formed in 2015 that oversees The Joyo Bank and Ibaraki Bank and offers deposit, lending, foreign exchange, trade finance, and cash management services.
  • MarketBeat previews top five stocks to own in June.

Concordia Financial Group (OTCMKTS:CRDIY - Get Free Report) was upgraded by analysts at Zacks Research to a "hold" rating in a report released on Thursday,Zacks.com reports.

Concordia Financial Group Stock Performance

Shares of OTCMKTS:CRDIY opened at $31.00 on Thursday. The company has a fifty day simple moving average of $29.29 and a 200 day simple moving average of $25.74. Concordia Financial Group has a 12-month low of $16.12 and a 12-month high of $39.91.

About Concordia Financial Group

(Get Free Report)

Concordia Financial Group, Inc is a regional financial holding company headquartered in Japan’s Kanto region. Established in March 2015 through the merger of two regional banks, the company provides banking and financial services under its principal operating subsidiaries, The Joyo Bank, Ltd. and Ibaraki Bank, Ltd. As a bank holding company, Concordia Financial Group oversees strategic planning, risk management and corporate governance for its banking operations.

The group’s core business activities encompass deposit-taking, lending, foreign exchange, trade finance and cash management services for both individual and corporate clients.

Further Reading

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