BDO Unibank (OTCMKTS:BDOUY) Sets New 1-Year Low – Should You Sell?

BDO Unibank, Inc. (OTCMKTS:BDOUY)’s stock price hit a new 52-week low during trading on Monday . The stock traded as low as $18.34 and last traded at $18.40, with a volume of 6921 shares changing hands. The stock had previously closed at $18.52.

Wall Street Analyst Weigh In

BDOUY has been the topic of several analyst reports. The Goldman Sachs Group lowered shares of BDO Unibank to a “neutral” rating in a report on Wednesday, July 29th. Zacks Research upgraded shares of BDO Unibank from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, BDO Unibank has an average rating of “Hold”.

BDO Unibank Trading Down 0.6%

The stock has a fifty day moving average of $20.05 and a 200-day moving average of $20.12.

BDO Unibank Company Profile

BDO Unibank, Inc is a Philippine universal bank headquartered in Makati City, Philippines. The company provides a broad range of financial services to individuals, businesses, institutions and government clients through its banking operations and related subsidiaries.

Its principal activities include retail and commercial banking, corporate lending, investment banking, treasury services, trust and wealth management, cash management, remittances, and credit and debit card services. BDO also offers deposit products, consumer loans, home and auto financing, insurance-related services and other financial solutions through its branch, digital and electronic banking channels.

The bank traces its origins to the establishment of Banco de Oro as a thrift bank in 1968.