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

BDO Unibank, Inc. (OTCMKTS:BDOUY) shares gapped up prior to trading on Thursday . The stock had previously closed at $20.16, but opened at $21.57. BDO Unibank shares last traded at $21.57, with a volume of 535 shares changing hands.

Analysts Set New Price Targets

Separately, Zacks Research downgraded shares of BDO Unibank from a “hold” rating to a “strong sell” rating in a research note on Friday, June 12th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, the stock presently has a consensus rating of “Sell”.

BDO Unibank Stock Performance

The firm has a market cap of $11.49 billion and a PE ratio of 0.34. The firm’s 50-day moving average price is $19.99 and its two-hundred day moving average price is $21.29.

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.