BDO Unibank (OTCMKTS:BDOUY) Shares Gap Down – Here’s What Happened

BDO Unibank, Inc. (OTCMKTS:BDOUY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $20.50, but opened at $19.39. BDO Unibank shares last traded at $20.00, with a volume of 65,902 shares changing hands.

Wall Street Analyst Weigh In

Separately, Zacks Research raised BDO Unibank to a “hold” rating in a report on Thursday, April 30th. One research analyst has rated the stock with a Hold rating, According to MarketBeat, BDO Unibank presently has a consensus rating of “Hold”.

BDO Unibank Stock Performance

The stock has a market capitalization of $10.73 billion and a PE ratio of 0.34. The business’s 50-day moving average price is $19.50 and its 200 day moving average price is $21.55.

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.