BDO Unibank (OTCMKTS:BDOUY) Trading 0.5% Higher – Should You Buy?

BDO Unibank, Inc. (OTCMKTS:BDOUY)’s stock price traded up 0.5% during mid-day trading on Wednesday . The company traded as high as $19.8465 and last traded at $19.70. 15,235 shares changed hands during trading, a decline of 67% from the average daily volume of 46,277 shares. The stock had previously closed at $19.61.

Analyst Ratings Changes

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

BDO Unibank Stock Performance

The business has a 50-day moving average price of $20.42 and a 200 day moving average price of $20.56.

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.