BDO Unibank (OTCMKTS:BDOUY) Sees Large Volume Increase – Here’s What Happened

BDO Unibank, Inc. (OTCMKTS:BDOUY) shares saw an uptick in trading volume on Tuesday . 150,998 shares were traded during trading, an increase of 154% from the previous session’s volume of 59,470 shares.The stock last traded at $20.00 and had previously closed at $20.91.

Analysts Set New Price Targets

Separately, Zacks Research lowered BDO Unibank from a “hold” rating to a “strong sell” rating in a research report on Friday, June 12th. One equities 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 Stock Performance

The company has a market capitalization of $10.76 billion and a P/E ratio of 0.34. The stock’s fifty day moving average price is $19.99 and its 200-day moving average price is $21.29.

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.