United Overseas Bank (OTC:UOVEY) Hits New 52-Week High – Here’s Why

United Overseas Bank Ltd. (OTC:UOVEYGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Thursday . The stock traded as high as $59.09 and last traded at $57.67, with a volume of 53728 shares. The stock had previously closed at $57.50.

Analyst Upgrades and Downgrades

Separately, The Goldman Sachs Group upgraded United Overseas Bank from a “hold” rating to a “strong-buy” rating in a research report on Sunday, November 10th.

Get Our Latest Analysis on United Overseas Bank

United Overseas Bank Stock Down 0.9 %

The stock has a 50-day simple moving average of $54.76.

About United Overseas Bank

(Get Free Report)

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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