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Bank of East Asia (OTCMKTS:BKEAY) Stock Price Crosses Below 50 Day Moving Average - Here's What Happened

Bank of East Asia logo with Finance background

The Bank of East Asia, Limited (OTCMKTS:BKEAY - Get Free Report) shares crossed below its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of $1.35 and traded as low as $1.31. Bank of East Asia shares last traded at $1.31, with a volume of 1,060 shares.

Wall Street Analyst Weigh In

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

Check Out Our Latest Report on BKEAY

Bank of East Asia Trading Down 10.2%

The stock's 50-day moving average price is $1.35 and its 200-day moving average price is $1.30.

Bank of East Asia Increases Dividend

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

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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