BDO Unibank (OTCMKTS:BDOUY) Stock Price Up 8% – Time to Buy?

BDO Unibank, Inc. (OTCMKTS:BDOUY) shares shot up 8% on Tuesday . The company traded as high as $21.89 and last traded at $21.50. 780 shares changed hands during trading, a decline of 99% from the average session volume of 61,841 shares. The stock had previously closed at $19.90.

Wall Street Analyst Weigh In

Separately, Zacks Research cut shares of BDO Unibank from a “hold” rating to a “strong sell” rating in a research note on Friday. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, BDO Unibank has a consensus rating of “Sell”.

BDO Unibank Stock Up 1.6%

The stock has a 50-day simple moving average of $19.58 and a two-hundred day simple moving average of $21.49. The firm has a market cap of $11.82 billion and a PE ratio of 0.34.

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.