The Bank of East Asia, Limited (OTCMKTS:BKEAY – Get Free Report) shares passed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $1.37 and traded as low as $1.35. Bank of East Asia shares last traded at $1.35, with a volume of 1,020 shares trading hands.
Analyst Ratings Changes
Separately, The Goldman Sachs Group cut Bank of East Asia to a “sell” rating in a research note on Tuesday, April 15th.
Check Out Our Latest Stock Analysis on Bank of East Asia
Bank of East Asia Price Performance
Bank of East Asia Increases Dividend
The business also recently announced a dividend, which was paid on Monday, April 21st. Shareholders of record on Thursday, March 6th were paid a dividend of $0.0391 per share. The ex-dividend date was Thursday, March 6th. This is a positive change from Bank of East Asia’s previous dividend of $0.03.
About Bank of East Asia
The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and time deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services.
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