United Overseas Bank (OTC:UOVEY) Shares Down 0.4% - Here's Why
United Overseas Bank Ltd. (OTC:UOVEY - Get Free Report) shares fell 0.4% during trading on Thursday . The stock traded as low as $54.83 and last traded at $54.96. 70,082 shares changed hands during trading, an increase of 48% from the average session volume of 47,375 shares. The stock had previously closed at $55.21.
The company has a 50 day simple moving average of $53.51 and a 200 day simple moving average of $54.69.
United Overseas Bank Limited, together with its subsidiaries, provides banking products and services. The company's Group Retail segment provides deposits, insurance, card, wealth management, investment, and loan and trade financing products for personal and small enterprise customers. Its Group Wholesale Banking segment offers financing, trade, cash management, and capital markets solutions, as well as advisory and treasury products for medium and large enterprises, local corporations, multi-national corporations, financial institutions, government-linked entities, financial sponsors, and property funds.
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