Bank of East Asia (OTCMKTS:BKEAY) Shares Gap Down – What’s Next?

The Bank of East Asia Ltd. (OTCMKTS:BKEAYGet Free Report) shares gapped down before the market opened on Wednesday . The stock had previously closed at $2.2950, but opened at $2.11. Bank of East Asia shares last traded at $2.11, with a volume of 1,680 shares trading hands.

Bank of East Asia Price Performance

The stock’s 50 day simple moving average is $2.08 and its 200-day simple moving average is $1.88.

About Bank of East Asia

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Bank of East Asia, Limited (OTCMKTS:BKEAY) is a Hong Kong-based banking group that provides a broad range of financial services to individuals, businesses and institutions. Its activities include personal banking, commercial and corporate banking, wealth management, treasury services and investment-related products.

The bank offers deposit accounts, loans, mortgages, credit cards, payment services, foreign-exchange services and insurance and investment products. It also supports companies with trade finance, cash management, syndicated lending and other corporate banking solutions.

Founded in Hong Kong in 1918, Bank of East Asia has developed an international network serving customers in Hong Kong, mainland China and selected overseas markets.

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