Bank of East Asia (OTCMKTS:BKEAY) Shares Gap Down – Here’s Why

The Bank of East Asia Ltd. (OTCMKTS:BKEAYGet Free Report) shares gapped down before the market opened on Thursday . The stock had previously closed at $1.70, but opened at $1.51. Bank of East Asia shares last traded at $1.51, with a volume of 7,906 shares.

Bank of East Asia Stock Down 11.2%

The stock’s fifty day moving average is $1.75 and its 200-day moving average is $1.62.

Bank of East Asia Company Profile

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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.

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