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Bank of East Asia (OTCMKTS:BKEAY) Stock Passes Above 50-Day Moving Average - What's Next?

Bank of East Asia logo with Finance background

Shares of The Bank of East Asia Ltd. (OTCMKTS:BKEAY - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $1.44 and traded as high as $1.59. Bank of East Asia shares last traded at $1.56, with a volume of 2,578 shares trading hands.

Analysts Set New Price Targets

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

Read Our Latest Analysis on BKEAY

Bank of East Asia Stock Performance

The company's fifty day moving average is $1.45 and its 200-day moving average is $1.37.

Bank of East Asia Company Profile

(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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