Sell - Take Profit
Macquarie Group Ltd (MQG)
*** GENERAL ADVICE ONLY ***
Description
Industry: Capital Markets
Macquarie Group Limited, headquartered in Sydney, is a worldwide provider of a diverse range of services including banking, financial advisory, investment, and fund management. Catering to institutional, corporate, government, and retail clients globally, Macquarie offers multifaceted products and adept solutions.
Metrics
Market Cap: $62.69B
PE: 12.34
Yield: 4.62%
Trade
Sell – Take Profit : $168.00
6.2% Profit
Rationale
Macquarie Bank has bounced since entry, but stalling around the $169 level. Time to exit position and take profits. Dividend was also received during the life of the trade.
Disclaimer: The recommendation given is general advice only. It does not take into account your personal objectives, financial situation, or specific needs. This information should not be your sole resource when making such decisions. We strongly recommend you to seek the advice of financial, taxation, and legal professionals before finalising any investment decisions.