Bangkok Bank Public (OTCMKTS:BKKLY) Stock Crosses Below 200 Day Moving Average – Here’s Why

Bangkok Bank Public Company Limited (OTCMKTS:BKKLY)’s stock price crossed below its 200-day moving average during trading on Wednesday. The stock has a 200-day moving average of $27.68 and traded as low as $27.0433. Bangkok Bank Public shares last traded at $27.61, with a volume of 8,776 shares trading hands.

Bangkok Bank Public Stock Performance

The business has a 50 day moving average price of $28.52 and a 200 day moving average price of $27.68.

Bangkok Bank Public (OTCMKTS:BKKLY) last issued its earnings results on Tuesday, October 20th. The company reported $0.74 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.81 by ($0.07). The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.16 billion. On average, sell-side analysts forecast that Bangkok Bank Public Company Limited will post 3.09 EPS for the current year.

About Bangkok Bank Public

Bangkok Bank Public Company Limited is a Thailand-based commercial bank headquartered in Bangkok. Founded in 1944, the bank provides financial services to individuals, small and medium-sized businesses, large corporations, and institutional customers through its domestic branch network and digital banking platforms.

Its products and services include savings and deposit accounts, consumer and business lending, credit and debit cards, payment services, foreign exchange, trade finance, cash management, wealth management, and investment banking.