Bank of East Asia (OTCMKTS:BKEAY) Shares Gap Down – Here’s What Happened

The Bank of East Asia Ltd. (OTCMKTS:BKEAYGet Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $1.99, but opened at $1.7252. Bank of East Asia shares last traded at $1.7252, with a volume of 534 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research raised shares of Bank of East Asia to a “hold” rating in a research note on Wednesday, February 18th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce”.

View Our Latest Report on BKEAY

Bank of East Asia Trading Down 13.3%

The business has a 50-day moving average price of $1.80 and a 200-day moving average price of $1.68.

About Bank of East Asia

(Get Free Report)

Bank of East Asia, Limited is a Hong Kong–based commercial bank established in 1918. As one of the territory’s largest independently owned banks, it provides a comprehensive range of financial services to retail, corporate and institutional clients. The institution operates through a network of branches and digital channels designed to support both individual consumers and businesses of varying sizes.

The bank’s core offerings include personal banking services such as deposit accounts, consumer and mortgage lending, credit cards and wealth management solutions.

Further Reading

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