OVERSEA-CHINESE/ADR (OTCMKTS:OVCHY) Downgraded by ValuEngine to “Sell”

ValuEngine cut shares of OVERSEA-CHINESE/ADR (OTCMKTS:OVCHY) from a hold rating to a sell rating in a research report released on Thursday, ValuEngine reports.

Separately, Zacks Investment Research raised OVERSEA-CHINESE/ADR from a sell rating to a hold rating in a report on Saturday, April 27th.

OVCHY traded down $0.19 during trading on Thursday, reaching $16.24. 11,090 shares of the company were exchanged, compared to its average volume of 17,572. The company has a 50-day simple moving average of $16.75. The stock has a market cap of $34.13 billion, a P/E ratio of 10.99, a price-to-earnings-growth ratio of 2.14 and a beta of 0.68. OVERSEA-CHINESE/ADR has a 12-month low of $14.95 and a 12-month high of $18.06.

OVERSEA-CHINESE/ADR Company Profile

Oversea-Chinese Banking Corporation Limited provides financial services in Singapore, Malaysia, Indonesia, Greater China, other parts 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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To view ValuEngine’s full report, visit ValuEngine’s official website.

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