The Bank of East Asia Ltd. (OTCMKTS:BKEAY – Get Free Report) fell 6.2% during trading on Friday. The stock traded as low as $2.2732 and last traded at $2.2732. 1,001 shares changed hands during mid-day trading, a decline of 62% from the average daily volume of 2,644 shares. The stock had previously closed at $2.4225.
Bank of East Asia Stock Performance
The company’s 50 day moving average is $2.24 and its two-hundred day moving average is $1.93.
Bank of East Asia Company Profile
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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