BDO Unibank (OTCMKTS:BDOUY) Stock Jumps 1% – Should You Buy?

BDO Unibank, Inc. (OTCMKTS:BDOUY)’s share price traded up 1% on Friday. The company traded as high as $20.16 and last traded at $19.80. Approximately 107,797 shares changed hands during mid-day trading, an increase of 17% from the average session volume of 92,101 shares. The stock had previously closed at $19.60.

Analyst Ratings Changes

A number of equities analysts have weighed in on BDOUY shares. The Goldman Sachs Group cut BDO Unibank to a “neutral” rating in a report on Wednesday, July 29th. Zacks Research upgraded BDO Unibank from a “strong sell” rating to a “hold” rating in a research report on Monday, August 3rd. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, the stock has a consensus rating of “Hold”.

BDO Unibank Trading Up 1.0%

The firm’s fifty day moving average is $18.34 and its 200 day moving average is $20.18.

About BDO Unibank

BDO Unibank, Inc is a Philippine universal bank that provides financial services to individuals, businesses, and institutions. Its offerings include deposit accounts, consumer and business loans, credit cards, payments, foreign-exchange services, and wealth and trust management.

The bank also serves corporate and institutional clients through services such as treasury, investment banking, cash management, and trade finance. Its operations are centered in the Philippines, with an international presence that supports customers and business activity across borders.

BDO traces its origins to Acme Savings Bank, established in 1968, and later became part of the SM Group.