The Bank of East Asia Ltd. (OTCMKTS:BKEAY – Get Free Report)’s stock price was down 11% during trading on Wednesday. The stock traded as low as $2.27 and last traded at $2.27. Approximately 1,819 shares were traded during mid-day trading, a decline of 30% from the average daily volume of 2,590 shares. The stock had previously closed at $2.55.
Bank of East Asia Stock Down 11.0%
The company’s fifty day simple moving average is $2.34 and its two-hundred day simple moving average is $1.94.
Bank of East Asia Company Profile
Bank of East Asia, Limited (OTCMKTS:BKEAY) is a Hong Kong-based banking group that provides financial services to individuals, businesses and institutional clients. Established in 1918, the company has developed into one of Hong Kong’s established locally headquartered banks.
The bank’s retail offerings include deposit accounts, personal loans, residential mortgages, credit cards, wealth management, insurance and digital banking services. For corporate and commercial customers, Bank of East Asia provides lending, trade finance, cash management, foreign exchange, treasury and other financial solutions.
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