BDO Unibank (OTCMKTS:BDOUY) Sets New 1-Year Low – Should You Sell?

BDO Unibank, Inc. (OTCMKTS:BDOUY) shares hit a new 52-week low during trading on Monday . The stock traded as low as $18.34 and last traded at $18.40, with a volume of 6921 shares traded. The stock had previously closed at $18.52.

Analyst Upgrades and Downgrades

BDOUY has been the topic of several recent research reports. Zacks Research upgraded shares of BDO Unibank from a “strong sell” rating to a “hold” rating in a research note on Monday, August 3rd. The Goldman Sachs Group downgraded BDO Unibank to a “neutral” rating in a research report on Wednesday, July 29th. Two equities research analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

BDO Unibank Trading Down 0.6%

The business has a 50-day simple moving average of $20.05 and a two-hundred day simple moving average of $20.12.

BDO Unibank Company Profile

BDO Unibank, Inc is a Philippine universal bank headquartered in Makati City, Philippines. The company provides a broad range of financial services to individuals, businesses, institutions and government clients through its banking operations and related subsidiaries.

Its principal activities include retail and commercial banking, corporate lending, investment banking, treasury services, trust and wealth management, cash management, remittances, and credit and debit card services. BDO also offers deposit products, consumer loans, home and auto financing, insurance-related services and other financial solutions through its branch, digital and electronic banking channels.

The bank traces its origins to the establishment of Banco de Oro as a thrift bank in 1968.