Bank of East Asia (OTCMKTS:BKEAY) Trading 1.3% Higher

Bank of East Asia Ltd (OTCMKTS:BKEAY) traded up 1.3% during mid-day trading on Tuesday . The company traded as high as $2.32 and last traded at $2.32, 329 shares traded hands during mid-day trading. A decline of 82% from the average session volume of 1,829 shares. The stock had previously closed at $2.29.

A number of research analysts have recently issued reports on the stock. Zacks Investment Research upgraded shares of Bank of East Asia from a “sell” rating to a “hold” rating in a research report on Monday, October 21st. ValuEngine upgraded shares of Bank of East Asia from a “sell” rating to a “hold” rating in a research report on Wednesday, October 2nd.

The stock has a market cap of $6.46 billion, a price-to-earnings ratio of 8.92 and a beta of 0.92. The stock’s 50-day moving average price is $2.28 and its 200-day moving average price is $2.47.

Bank of East Asia Company Profile (OTCMKTS:BKEAY)

The Bank of East Asia, Limited provides various banking and related financial services. It operates through eight segments: Personal Banking, Corporate Banking, Treasury Markets, Wealth Management, Financial Institutions, Others, Mainland China Operations, and Overseas Operations. The company offers various commercial and personal banking, financial, and insurance services.

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