Bank of East Asia (OTCMKTS:BKEAY) Hits New 1-Year High - Time to Buy?

Key Points

• The Bank of East Asia's stock reached a new 52-week high of $1.67 on Wednesday, up from a previous close of $1.50, with a trading volume of 261 shares.
• The company's stock has increased by 11.3% over a period, with a fifty-day simple moving average of $1.50 and a two-hundred-day moving average of $1.42.
• The Bank of East Asia provides a range of banking and financial services, including personal banking, corporate accounts, deposit services, and remittance options.

The Bank of East Asia Ltd. (OTCMKTS:BKEAY - Get Free Report) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $1.67 and last traded at $1.67, with a volume of 261 shares changing hands. The stock had previously closed at $1.50.

Bank of East Asia Stock Performance

The company has a 50 day simple moving average of $1.50 and a 200 day simple moving average of $1.43.

Bank of East Asia Announces Dividend

The firm also recently announced a dividend, which will be paid on Thursday, October 23rd. Stockholders of record on Wednesday, September 10th will be paid a dividend of $0.0399 per share. This represents a dividend yield of 474.0%. The ex-dividend date of this dividend is Tuesday, September 9th.

Bank of East Asia Company Profile

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.