Oversea-Chinese Banking (OTCMKTS:OVCHY) Shares Gap Down – Here’s What Happened

Oversea-Chinese Banking Corporation Limited (OTCMKTS:OVCHYGet Free Report)’s stock price gapped down prior to trading on Monday . The stock had previously closed at $29.68, but opened at $28.81. Oversea-Chinese Banking shares last traded at $30.8008, with a volume of 9,861 shares.

Wall Street Analyst Weigh In

Separately, Zacks Research raised shares of Oversea-Chinese Banking from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Check Out Our Latest Analysis on OVCHY

Oversea-Chinese Banking Stock Down 0.4%

The firm’s 50 day moving average is $27.47 and its 200-day moving average is $26.52.

About Oversea-Chinese Banking

(Get Free Report)

Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest 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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