Bank of East Asia (OTCMKTS:BKEAY) Shares Gap Down – Should You Sell?

The Bank of East Asia Ltd. (OTCMKTS:BKEAYGet Free Report)’s share price gapped down before the market opened on Friday . The stock had previously closed at $1.8750, but opened at $1.80. Bank of East Asia shares last traded at $1.80, with a volume of 200 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Zacks Research raised shares of Bank of East Asia to a “hold” rating in a research report on Wednesday, February 18th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold”.

Read Our Latest Research Report on BKEAY

Bank of East Asia Price Performance

The firm’s 50-day moving average price is $1.82 and its 200-day moving average price is $1.79.

About Bank of East Asia

(Get Free Report)

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.

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