Cybg (OTCMKTS:CBBYF) Downgraded by Zacks Investment Research to Sell

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Zacks Investment Research lowered shares of Cybg (OTCMKTS:CBBYF) from a hold rating to a sell rating in a report released on Thursday morning, Zacks.com reports.

According to Zacks, “CYBG PLC provides commercial banking services to retail and institutional customers. It offers savings accounts, telephone banking, insurance, investment management, loans, credit cards, cash management accounts, financial planning, mortgage and internet banking. The bank primarily provides its services through retail branches, business banking centres, direct and online banking. It operates under Clydesdale Bank, Yorkshire Bank and B brands. CYBG PLC is headquartered in Leeds, the United Kingdom. “

Shares of Cybg stock opened at $1.35 on Thursday. Cybg has a 52 week low of $2.20 and a 52 week high of $4.30. The stock has a 50 day moving average price of $1.66 and a two-hundred day moving average price of $2.30.

About Cybg

CYBG PLC, through its subsidiaries, provides retail and business banking products and services to individuals and businesses under the Clydesdale Bank, Yorkshire Bank, B, and Virgin Money brands in the United Kingdom. It operates through SME Banking and Retail Banking segments. The SME Banking segment offers a range of banking products and services, including business current accounts; and secured and unsecured term loans, business overdrafts, and invoice and asset financing products and services.

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