BDO Unibank (OTCMKTS:BDOUY) Shares Gap Up – Should You Buy?

BDO Unibank, Inc. (OTCMKTS:BDOUY) gapped up prior to trading on Friday. The stock had previously closed at $17.51, but opened at $18.66. BDO Unibank shares last traded at $18.3675, with a volume of 2,395 shares traded.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the company. Zacks Research raised BDO Unibank from a “strong sell” rating to a “hold” rating in a report on Monday, August 3rd. The Goldman Sachs Group downgraded BDO Unibank to a “neutral” rating in a research note on Wednesday, July 29th. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat, BDO Unibank presently has a consensus rating of “Hold”.

BDO Unibank Stock Up 1.2%

The business has a 50 day simple moving average of $18.73 and a 200-day simple moving average of $19.56.

BDO Unibank Company Profile

BDO Unibank, Inc is a full-service commercial bank headquartered in Makati, Philippines. It provides banking and financial services to individual customers, businesses, corporations and institutional clients through a broad network of branches, automated teller machines and digital banking channels.

The bank’s offerings include deposit accounts, consumer and commercial lending, credit cards, cash management, treasury services, investment banking, trust and wealth management, remittances and insurance-related products.