Bank of East Asia (OTCMKTS:BKEAY) Shares Gap Down – Time to Sell?
by Scott Moore · The Cerbat GemThe Bank of East Asia Ltd. (OTCMKTS:BKEAY – Get Free Report) shares gapped down prior to trading on Monday . The stock had previously closed at $1.8140, but opened at $1.51. Bank of East Asia shares last traded at $1.51, with a volume of 131 shares trading hands.
Analyst Ratings Changes
Separately, Zacks Research upgraded Bank of East Asia to a “hold” rating in a research report on Wednesday, February 18th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock presently has an average rating of “Hold”.
View Our Latest Stock Report on Bank of East Asia
Bank of East Asia Stock Performance
The stock has a 50-day simple moving average of $1.82 and a 200-day simple moving average of $1.76.
Bank of East Asia Company Profile
Bank of East Asia, Limited is a Hong Kong–based commercial bank established in 1918. As one of the territory’s largest independently owned banks, it provides a comprehensive range of financial services to retail, corporate and institutional clients. The institution operates through a network of branches and digital channels designed to support both individual consumers and businesses of varying sizes.
The bank’s core offerings include personal banking services such as deposit accounts, consumer and mortgage lending, credit cards and wealth management solutions.