Zacks Research upgraded shares of Bank of East Asia (OTCMKTS:BKEAY – Free Report) to a hold rating in a research note published on Wednesday morning,Zacks.com reports.
Bank of East Asia Price Performance
OTCMKTS BKEAY opened at $1.99 on Wednesday. The firm’s 50-day moving average is $1.78 and its two-hundred day moving average is $1.67. Bank of East Asia has a 12 month low of $1.13 and a 12 month high of $1.99.
About Bank of East Asia
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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