United Overseas Bank (OTC:UOVEY) Reaches New 52-Week High – Here’s What Happened

United Overseas Bank Ltd. (OTC:UOVEYGet Free Report)’s stock price hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $58.94 and last traded at $56.89, with a volume of 37732 shares. The stock had previously closed at $56.30.

Analyst Upgrades and Downgrades

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

Check Out Our Latest Report on UOVEY

United Overseas Bank Stock Up 1.0 %

The firm has a 50 day simple moving average of $54.59.

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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