Oversea-Chinese Banking (OTCMKTS:OVCHY) Sets New 1-Year High – Here’s Why

Oversea-Chinese Banking Corporation Limited (OTCMKTS:OVCHYGet Free Report)’s share price hit a new 52-week high on Thursday . The stock traded as high as $29.0950 and last traded at $29.0950, with a volume of 3104 shares traded. The stock had previously closed at $28.77.

Analysts Set New Price Targets

Separately, Zacks Research raised Oversea-Chinese Banking from a “strong sell” rating to a “hold” rating in a report on Monday, November 10th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Read Our Latest Report on Oversea-Chinese Banking

Oversea-Chinese Banking Stock Performance

The firm has a 50 day moving average of $26.21 and a 200-day moving average of $25.92.

About Oversea-Chinese Banking

(Get Free Report)

Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.

Further Reading

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