BDO Unibank (OTCMKTS:BDOUY) Stock Rating Upgraded by Zacks Research

BDO Unibank (OTCMKTS:BDOUY) was upgraded by analysts at Zacks Research to a “hold” rating in a report issued on Thursday,Zacks.com reports.

BDO Unibank Stock Down 3.7%

Shares of OTCMKTS:BDOUY traded down $0.73 during trading on Thursday, reaching $19.00. The company’s stock had a trading volume of 48,725 shares, compared to its average volume of 57,223. BDO Unibank has a 12 month low of $18.39 and a 12 month high of $31.42. The firm’s 50 day simple moving average is $20.64 and its two-hundred day simple moving average is $22.15.

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.