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Royal Bank of Canada Class I Preference rises on high volatility February 03, 2017 17:00 EST

Feb 03, 2017 - News Bites Canadian Markets


Royal Bank of Canada (TSX:RY.PR.I), Canada's 22nd largest Bank by market cap, traded between an intraday low of CAD24.70 and a high of CAD24.82. The price range has expanded in the last two days (from 11.0c two days ago to 12.0c today) which, accompanied by a price rise, is a bullish signal. The average daily volatility of 0.8% places the preference stock in the 4th quartile in the market, meaning it is the least volatile. Today its volatility (highest price min...