BDO Unibank (OTCMKTS:BDOUY) Shares Gap Up – Time to Buy?

Shares of BDO Unibank, Inc. (OTCMKTS:BDOUY) gapped up before the market opened on Thursday . The stock had previously closed at $20.16, but opened at $21.57. BDO Unibank shares last traded at $21.57, with a volume of 535 shares.

Analyst Ratings Changes

Separately, Zacks Research cut shares of BDO Unibank from a “hold” rating to a “strong sell” rating in a report on Friday, June 12th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Sell”.

BDO Unibank Price Performance

The stock has a 50-day moving average price of $20.06 and a 200 day moving average price of $21.28. The firm has a market cap of $11.27 billion and a price-to-earnings ratio of 0.34.

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.