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Bank of East Asia (OTCMKTS:BKEAY) Sees Large Volume Increase - Here's Why

Bank of East Asia logo with Finance background

The Bank of East Asia Ltd. (OTCMKTS:BKEAY - Get Free Report) shares saw an uptick in trading volume on Tuesday . 4,920 shares changed hands during trading, an increase of 33% from the previous session's volume of 3,698 shares.The stock last traded at $1.52 and had previously closed at $1.46.

Analysts Set New Price Targets

Separately, The Goldman Sachs Group cut Bank of East Asia to a "sell" rating in a research note on Tuesday, April 15th.

Read Our Latest Stock Analysis on Bank of East Asia

Bank of East Asia Stock Performance

The firm's fifty day simple moving average is $1.37 and its 200 day simple moving average is $1.33.

About Bank of East Asia

(Get Free Report)

The Bank of East Asia, Limited, together with its subsidiaries, provides various banking and related financial services. Its personal banking services include corporate, individual, savings, current, time deposit, and supreme accounts; and time deposits, foreign currency deposits, MAS services, and auto-payroll products, as well as safe deposit boxes and remittance services.

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