Bank of East Asia (OTCMKTS:BKEAY) Cut to Sell at CICC Research

Bank of East Asia (OTCMKTS:BKEAY) was downgraded by investment analysts at CICC Research from a “hold” rating to a “sell” rating in a research report issued on Thursday, The Fly reports.

A number of other research firms have also issued reports on BKEAY. Zacks Investment Research upgraded Bank of East Asia from a “sell” rating to a “hold” rating in a research note on Tuesday, February 19th. ValuEngine lowered Bank of East Asia from a “hold” rating to a “sell” rating in a research note on Friday, March 1st.

Shares of BKEAY stock traded down $0.04 during trading hours on Thursday, reaching $3.01. The company had a trading volume of 811 shares, compared to its average volume of 3,305. Bank of East Asia has a twelve month low of $2.94 and a twelve month high of $4.15.

About Bank of East Asia

The Bank of East Asia, Limited provides various banking and related financial services. It operates through eight segments: Personal Banking, Corporate Banking, Treasury Markets, Wealth Management, Financial Institutions, Others, Mainland China Operations, and Overseas Operations. The company offers various commercial and personal banking, financial, and insurance services.

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