BDO Unibank (OTCMKTS:BDOUY) Stock Price Up 0.5% – Should You Buy?

Shares of BDO Unibank, Inc. (OTCMKTS:BDOUY) shot up 0.5% during trading on Wednesday . The stock traded as high as $19.8465 and last traded at $19.70. 15,235 shares traded hands during mid-day trading, a decline of 67% from the average session volume of 46,277 shares. The stock had previously closed at $19.61.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on BDOUY shares. The Goldman Sachs Group lowered shares of BDO Unibank to a “neutral” rating in a report on Wednesday, July 29th. Zacks Research upgraded BDO Unibank from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. Two equities research analysts have rated the stock with a Hold rating, According to MarketBeat, the company currently has a consensus rating of “Hold”.

BDO Unibank Trading Down 1.6%

The company’s 50-day simple moving average is $20.37 and its 200-day simple moving average is $20.52.

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.