Oversea-Chinese Banking Corporation Limited (OTCMKTS:OVCHY - Get Free Report)'s stock price dropped 3.1% during mid-day trading on Monday . The stock traded as low as $25.43 and last traded at $25.43. Approximately 10,740 shares changed hands during mid-day trading, a decline of 9% from the average daily volume of 11,772 shares. The stock had previously closed at $26.26.
Oversea-Chinese Banking Price Performance
The company has a debt-to-equity ratio of 0.52, a current ratio of 0.91 and a quick ratio of 0.91. The business has a fifty day simple moving average of $25.22 and a 200 day simple moving average of $25.02.
Oversea-Chinese Banking Cuts Dividend
The business also recently announced a dividend, which was paid on Tuesday, May 27th. Shareholders 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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