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Bank of East Asia (OTCMKTS:BKEAY) Stock Crosses Below Fifty Day Moving Average - Time to Sell?

Bank of East Asia logo with Finance background

The Bank of East Asia, Limited (OTCMKTS:BKEAY - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $1.37 and traded as low as $1.35. Bank of East Asia shares last traded at $1.35, with a volume of 1,020 shares traded.

Wall Street Analysts Forecast Growth

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

Get Our Latest Stock Analysis on BKEAY

Bank of East Asia Price Performance

The stock's 50-day moving average is $1.36 and its 200 day moving average is $1.29.

Bank of East Asia Increases Dividend

The firm also recently disclosed a dividend, which was paid on Monday, April 21st. Shareholders of record on Thursday, March 6th were given a dividend of $0.0391 per share. This is an increase from Bank of East Asia's previous dividend of $0.03. The ex-dividend date of this dividend was Thursday, March 6th.

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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