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

Shares of BDO Unibank, Inc. (OTCMKTS:BDOUY) gapped up prior to trading on Thursday . The stock had previously closed at $20.16, but opened at $21.57. BDO Unibank shares last traded at $21.57, with a volume of 535 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research cut BDO Unibank from a “hold” rating to a “strong sell” rating in a report on Friday, June 12th. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the company has an average rating of “Sell”.

BDO Unibank Trading Up 6.8%

The company has a fifty day simple moving average of $19.99 and a two-hundred day simple moving average of $21.29. The company has a market cap of $11.49 billion and a PE ratio of 0.34.

About BDO Unibank

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.