BDO Unibank (OTCMKTS:BDOUY) Shares Gap Down – Here’s Why

Shares of BDO Unibank, Inc. (OTCMKTS:BDOUY) gapped down prior to trading on Wednesday . The stock had previously closed at $20.50, but opened at $19.39. BDO Unibank shares last traded at $20.00, with a volume of 65,902 shares traded.

Wall Street Analysts Forecast Growth

Separately, Zacks Research raised BDO Unibank to a “hold” rating in a research report on Thursday, April 30th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the company currently has an average rating of “Hold”.

BDO Unibank Price Performance

The stock’s 50 day simple moving average is $19.50 and its two-hundred day simple moving average is $21.55. The stock has a market capitalization of $10.73 billion and a PE ratio of 0.34.

BDO Unibank Company Profile

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.