BDO Unibank (OTCMKTS:BDOUY) Shares Gap Up – Still a Buy?

BDO Unibank, Inc. (OTCMKTS:BDOUY) gapped up before the market opened on Monday . The stock had previously closed at $19.90, but opened at $21.78. BDO Unibank shares last traded at $21.89, with a volume of 3,323 shares trading hands.

Wall Street Analyst Weigh In

Separately, Zacks Research cut BDO Unibank from a “hold” rating to a “strong sell” rating in a report on Friday, June 12th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

BDO Unibank Stock Performance

The firm has a fifty day moving average price of $19.62 and a two-hundred day moving average price of $21.49. The stock has a market capitalization of $11.92 billion and a P/E ratio of 0.34.

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.