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

BDO Unibank, Inc. (OTCMKTS:BDOUYGet Free Report) shares 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 trading hands.

Wall Street Analysts Forecast Growth

BDOUY has been the subject of a number of research analyst reports. Zacks Research raised 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 research note on Wednesday, July 29th. Two research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold”.

View Our Latest Research Report on BDOUY

BDO Unibank Trading Up 0.8%

The firm’s 50-day moving average price is $20.18 and its 200 day moving average price is $20.37.

About BDO Unibank

(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.

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