Oversea-Chinese Banking (OTCMKTS:OVCHY) Stock Crosses Below 50-Day Moving Average – Here’s What Happened

Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHYGet Free Report) shares passed below its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $25.30 and traded as low as $25.21. Oversea-Chinese Banking shares last traded at $25.52, with a volume of 7,754 shares trading hands.

Oversea-Chinese Banking Price Performance

The company has a 50 day simple moving average of $25.33 and a 200-day simple moving average of $24.16.

About Oversea-Chinese Banking

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Oversea-Chinese Banking Corporation Limited engages in the provision of financial services in Singapore, Malaysia, Indonesia, Greater China, rest 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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