United Overseas Bank (OTC:UOVEY) Hits New 12-Month High – Still a Buy?

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

Wall Street Analyst Weigh In

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

Get Our Latest Stock Report on United Overseas Bank

United Overseas Bank Trading Up 0.3 %

The stock has a 50-day moving average of $54.72.

United Overseas Bank Company Profile

(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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