Shares of Oversea-Chinese Banking Corporation Limited (OTCMKTS:OVCHY - Get Free Report) gapped down before the market opened on Wednesday . The stock had previously closed at $26.21, but opened at $25.26. Oversea-Chinese Banking shares last traded at $25.26, with a volume of 246 shares trading hands.
Oversea-Chinese Banking Stock Performance
The company's fifty day simple moving average is $25.09 and its 200-day simple moving average is $24.98. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 0.52.
Oversea-Chinese Banking Cuts Dividend
The firm also recently announced a dividend, which was paid on Tuesday, May 27th. Investors of record on Tuesday, April 29th were given a dividend of $0.2376 per share. The ex-dividend date was Monday, April 28th. This represents a yield of 5.78%.
About Oversea-Chinese Banking
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Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest of the Asia Pacific, and internationally. The company's Global Consumer/Private Banking segment provides products and services to individual customers, including checking accounts, and savings and fixed deposits; housing and other personal loans; credit cards; wealth management products consisting of unit trusts, banc assurance products, and structured deposits; and brokerage services.
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