BDO Unibank (OTCMKTS:BDOUY) Shares Gap Down – Here’s Why

BDO Unibank, Inc. (OTCMKTS:BDOUY)’s share price gapped down prior to trading on Wednesday . The stock had previously closed at $20.91, but opened at $19.84. BDO Unibank shares last traded at $19.84, with a volume of 407 shares changing hands.

Analyst Ratings Changes

Separately, Zacks Research downgraded 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 MarketBeat, the stock has a consensus rating of “Sell”.

BDO Unibank Price Performance

The stock has a market cap of $11.34 billion and a price-to-earnings ratio of 0.34. The business’s fifty day simple moving average is $20.03 and its 200 day simple moving average is $21.28.

BDO Unibank Company Profile

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.