BDO Unibank (OTCMKTS:BDOUY) Shares Gap Up – Should You Buy?

Shares of BDO Unibank, Inc. (OTCMKTS:BDOUY) gapped up before the market opened on Friday . The stock had previously closed at $19.86, but opened at $20.69. BDO Unibank shares last traded at $20.5850, with a volume of 2,522 shares traded.

Wall Street Analyst Weigh In

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

BDO Unibank Stock Up 4.4%

The firm has a market capitalization of $11.06 billion and a price-to-earnings ratio of 0.34. The business’s 50-day simple moving average is $19.77 and its two-hundred day simple moving average is $21.47.

About BDO Unibank

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.