Shares of Bank of East Asia Ltd (OTCMKTS:BKEAY) reached a new 52-week low on Wednesday . The stock traded as low as $2.17 and last traded at $2.17, with a volume of 4302 shares traded. The stock had previously closed at $2.23.
Several analysts have recently commented on BKEAY shares. Zacks Investment Research upgraded Bank of East Asia from a “sell” rating to a “hold” rating in a research note on Monday, October 21st. ValuEngine upgraded Bank of East Asia from a “sell” rating to a “hold” rating in a research note on Wednesday, October 2nd.
The company has a 50 day moving average price of $2.34 and a 200 day moving average price of $2.62. The company has a market capitalization of $6.75 billion, a price-to-earnings ratio of 8.35 and a beta of 0.95.
The Bank of East Asia, Limited provides various banking and related financial services. It operates through eight segments: Personal Banking, Corporate Banking, Treasury Markets, Wealth Management, Financial Institutions, Others, Mainland China Operations, and Overseas Operations. The company offers various commercial and personal banking, financial, and insurance services.
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