Oversea-Chinese Banking Corporation Limited (OTCMKTS:OVCHY – Get Free Report) shares gapped down prior to trading on Monday. The stock had previously closed at $45.83, but opened at $43.62. Oversea-Chinese Banking shares last traded at $43.66, with a volume of 2,873 shares trading hands.
Analyst Ratings Changes
Separately, Zacks Research lowered shares of Oversea-Chinese Banking from a “strong-buy” rating to a “hold” rating in a research note on Friday, October 23rd. One equities research analyst has rated the stock with a Hold rating. According to MarketBeat, the stock has an average rating of “Hold”.
View Our Latest Report on Oversea-Chinese Banking
Oversea-Chinese Banking Trading Down 2.5%
The firm’s 50 day simple moving average is $48.16 and its 200-day simple moving average is $39.98.
Oversea-Chinese Banking Company Profile
Oversea-Chinese Banking Corporation Limited (OCBC) is a Singapore-based financial services group that provides banking, wealth management and insurance services to individuals, businesses and institutions. Its offerings include current and savings accounts, consumer and commercial loans, mortgages, credit cards, trade finance, transaction banking, treasury services and investment products.
Through its banking operations, OCBC serves retail, small-business, corporate and institutional customers.
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