BDO Unibank (OTCMKTS:BDOUY) Reaches New 1-Year Low – Here’s What Happened

BDO Unibank, Inc. (OTCMKTS:BDOUY)’s stock price reached a new 52-week low during mid-day trading on Thursday. The stock traded as low as $17.10 and last traded at $17.10, with a volume of 212986 shares traded. The stock had previously closed at $17.74.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the stock. Zacks Research raised shares of BDO Unibank from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. The Goldman Sachs Group lowered BDO Unibank to a “neutral” rating in a research note on Wednesday, July 29th. Two equities research analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the stock presently has an average rating of “Hold”.

BDO Unibank Stock Performance

The stock’s 50 day simple moving average is $19.37 and its two-hundred day simple moving average is $19.74.

About BDO Unibank

BDO Unibank, Inc is a full-service commercial bank headquartered in Makati, Philippines. It provides banking and financial services to individual customers, businesses, corporations and institutional clients through a broad network of branches, automated teller machines and digital banking channels.

The bank’s offerings include deposit accounts, consumer and commercial lending, credit cards, cash management, treasury services, investment banking, trust and wealth management, remittances and insurance-related products.