BDO Unibank (OTCMKTS:BDOUY) Shares Gap Down – Time to Sell?

BDO Unibank, Inc. (OTCMKTS:BDOUY) gapped down before the market opened on Thursday . The stock had previously closed at $21.08, but opened at $20.24. BDO Unibank shares last traded at $20.24, with a volume of 165 shares.

Analysts Set New Price Targets

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

BDO Unibank Stock Performance

The business’s 50 day simple moving average is $19.85 and its 200-day simple moving average is $21.38. The company has a market cap of $10.90 billion and a price-to-earnings ratio of 0.34.

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.