The Bank of East Asia Ltd. (ADR) (NASDAQ:BKEAY) has been upgraded to Hold in a statement by Zacks Investment Research earlier today.
- Updated: September 16, 2016
Having a price of $4.11, The Bank of East Asia Ltd. (ADR) (NASDAQ:BKEAY) traded 0.00% even on the day. The last stock price close is up 8.75% from the two hundred day moving average, compared with the Standard & Poor’s 500 Index which has decreased -0.01% over the same period. The Bank of East Asia Ltd. (ADR) has been tracking to a 50-day moving average of $4.15 and two hundred day moving average of $3.78. Volume of trade was was down over the average, with 0 shares of BKEAY changing hands under the typical 1,972 shares.
Zacks Investment Research has upgraded The Bank of East Asia Ltd. (ADR)(NASDAQ:BKEAY) to Hold in a report released Friday September 16 2016.
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The Bank of East Asia Ltd. (ADR) has a price-earnings of 23 with a one-year low of $2.59 and a 52 week high of $4.36 and has a total market value of $0.0.
Brief Synopsis On The Bank of East Asia Ltd. (ADR) (NASDAQ:BKEAY)
The Bank of East Asia, Limited provides banking and related financial services, and business, corporate and investor services. The Company’s segments include Personal banking, which includes branch operations, personal Internet banking, property loans and credit card business; Corporate banking, which includes corporate lending and loan syndication, asset based lending and securities lending; Treasury markets, which include treasury operations and securities dealing; Wealth management, which includes private banking business and related assets; Financial institutions, which includes trade financing activities with correspondent banks; Other Hong Kong banking operations, includes insurance business, trust business, securities and futures broking, and corporate financial advisory; China operations, which include the back office unit for China operations in Hong Kong; Overseas operations, which includes the back office unit for overseas banking operations, and and Corporate services.
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