OVERSEA-CHINESE/ADR (OTCMKTS:OVCHY) Upgraded by ValuEngine to Hold

ValuEngine upgraded shares of OVERSEA-CHINESE/ADR (OTCMKTS:OVCHY) from a sell rating to a hold rating in a research report sent to investors on Tuesday, ValuEngine reports.

Separately, Zacks Investment Research downgraded shares of OVERSEA-CHINESE/ADR from a hold rating to a sell rating in a research note on Friday, November 8th.

OVERSEA-CHINESE/ADR stock traded up $0.04 during mid-day trading on Tuesday, reaching $15.62. 33,391 shares of the company traded hands, compared to its average volume of 18,710. The firm’s fifty day moving average is $16.01 and its two-hundred day moving average is $16.01. The company has a market capitalization of $33.26 billion, a price-to-earnings ratio of 9.95, a price-to-earnings-growth ratio of 1.97 and a beta of 0.70. OVERSEA-CHINESE/ADR has a fifty-two week low of $14.71 and a fifty-two week high of $18.06. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.93 and a quick ratio of 0.93.

About OVERSEA-CHINESE/ADR

Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.

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To view ValuEngine’s full report, visit ValuEngine’s official website.

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