Shares of The Bank of East Asia Ltd. (OTCMKTS:BKEAY – Get Free Report) rose 5.7% during mid-day trading on Friday. The stock traded as high as $2.60 and last traded at $2.60. Approximately 10,011 shares were traded during mid-day trading, an increase of 292% from the average daily volume of 2,555 shares. The stock had previously closed at $2.46.
Bank of East Asia Trading Up 5.7%
The business has a fifty day simple moving average of $2.26 and a 200 day simple moving average of $1.95.
About Bank of East Asia
The Bank of East Asia, Limited (BEA) is a Hong Kong-based banking group that provides financial services to individuals, businesses and institutions. Its offerings include personal and commercial banking, deposits, lending, mortgages, credit cards, payments, wealth management, investment services, foreign exchange and treasury solutions.
Founded in 1918, BEA has developed a broad presence in Hong Kong and mainland China. The bank also serves customers through operations and representative offices in selected international markets, including Macau, the United Kingdom, the United States and Southeast Asia.
BEA serves corporate and institutional clients with trade finance, cash management, syndicated lending, corporate finance and other cross-border banking services.
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