BDO Unibank (OTCMKTS:BDOUY) Stock Price Up 8% – Should You Buy?

BDO Unibank, Inc. (OTCMKTS:BDOUY)’s stock price shot up 8% during trading on Tuesday . The company traded as high as $21.89 and last traded at $21.50. 780 shares were traded during mid-day trading, a decline of 99% from the average session volume of 61,841 shares. The stock had previously closed at $19.90.

Analysts Set New Price Targets

Separately, Zacks Research lowered BDO Unibank from a “hold” rating to a “strong sell” rating in a research note on Friday. One analyst has rated the stock with a Sell rating, According to MarketBeat, BDO Unibank has a consensus rating of “Sell”.

BDO Unibank Price Performance

The stock has a market capitalization of $11.82 billion and a PE ratio of 0.34. The company has a 50 day moving average price of $19.58 and a 200-day moving average price of $21.49.

BDO Unibank Company Profile

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.