BDO Unibank (OTCMKTS:BDOUY) Shares Gap Up – Here’s What Happened

BDO Unibank, Inc. (OTCMKTS:BDOUYGet Free Report)’s stock price gapped up prior to trading on Tuesday . The stock had previously closed at $18.77, but opened at $19.6064. BDO Unibank shares last traded at $19.20, with a volume of 2,360 shares traded.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on BDOUY. Zacks Research upgraded shares of BDO Unibank from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. The Goldman Sachs Group cut BDO Unibank to a “neutral” rating in a report on Wednesday, July 29th. Two research analysts have rated the stock with a Hold rating, According to MarketBeat.com, the stock currently has an average rating of “Hold”.

Check Out Our Latest Report on BDOUY

BDO Unibank Stock Up 3.1%

The company has a 50 day moving average of $20.26 and a two-hundred day moving average of $20.44.

BDO Unibank Company Profile

(Get Free Report)

BDO Unibank, Inc (OTCMKTS: BDOUY) is a universal bank in the Philippines providing a full range of banking and financial services to retail, corporate, and institutional clients. As one of the country’s largest banks by assets, BDO offers commercial banking, lending, deposit products, credit cards, cash management, and remittance services. The bank also delivers specialized solutions in corporate finance, project finance, and agricultural lending.

In addition to core banking operations, BDO maintains robust treasury and trust divisions that handle foreign exchange, money market transactions, and fiduciary services.

Read More

Receive News & Ratings for BDO Unibank Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for BDO Unibank and related companies with MarketBeat.com's FREE daily email newsletter.