Zacks Research Upgrades Bank of East Asia (OTCMKTS:BKEAY) to “Hold”

Bank of East Asia (OTCMKTS:BKEAY) was upgraded by research analysts at Zacks Research to a “hold” rating in a research report issued on Wednesday,Zacks.com reports.

Bank of East Asia Stock Performance

Shares of Bank of East Asia stock remained flat at $1.99 on Wednesday. The stock had a trading volume of 12 shares, compared to its average volume of 626. Bank of East Asia has a 12 month low of $1.13 and a 12 month high of $1.99. The business’s 50-day simple moving average is $1.78 and its 200-day simple moving average is $1.66.

Bank of East Asia Company Profile

Bank of East Asia, Limited is a Hong Kong–based commercial bank established in 1918. As one of the territory’s largest independently owned banks, it provides a comprehensive range of financial services to retail, corporate and institutional clients. The institution operates through a network of branches and digital channels designed to support both individual consumers and businesses of varying sizes.

The bank’s core offerings include personal banking services such as deposit accounts, consumer and mortgage lending, credit cards and wealth management solutions.