Oversea-Chinese Banking Corporation Limited (OTCMKTS:OVCHY – Get Free Report)’s share price gapped up before the market opened on Wednesday . The stock had previously closed at $42.44, but opened at $44.85. Oversea-Chinese Banking shares last traded at $44.35, with a volume of 1,385 shares changing hands.
Oversea-Chinese Banking Trading Up 0.2%
The company has a debt-to-equity ratio of 0.48, a current ratio of 0.88 and a quick ratio of 0.88. The company has a fifty day moving average price of $38.16 and a 200-day moving average price of $35.08.
About Oversea-Chinese Banking
Oversea-Chinese Banking Corporation Limited (commonly known as OCBC) is a Singapore-based regional bank that provides a broad range of banking and financial services to retail, corporate and institutional customers. Its core activities include consumer banking, wealth management, commercial and corporate banking, treasury and markets, trade finance, and transaction banking. OCBC also conducts investment banking activities and offers asset management services, and its group structure includes insurance and other financial services delivered through affiliated subsidiaries and regional units.
The bank traces its origins to a 1932 merger of several Chinese-named banks in Singapore and has since grown into one of the region’s larger financial institutions with a significant presence across Southeast Asia and Greater China.
Read More
- Five stocks we like better than Oversea-Chinese Banking
- Why Abbott Laboratories Stock Is Suddenly Winning Back Wall Street
- Revving Up Returns: Big Banks Race Through the Rate Plateau
- Why Uber’s Biggest Deal Yet Could Unlock Its Next Growth Phase
- Why Microsoft Is Playing a Different AI Game Than Big Tech—and Cash Flow Is the Test
Receive News & Ratings for Oversea-Chinese Banking Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Oversea-Chinese Banking and related companies with MarketBeat.com's FREE daily email newsletter.
