Oversea-Chinese Banking (OTCMKTS:OVCHY) Sets New 1-Year High – Time to Buy?

Shares of Oversea-Chinese Banking Co. Limited (OTCMKTS:OVCHYGet Free Report) hit a new 52-week high on Monday . The stock traded as high as $25.99 and last traded at $25.08, with a volume of 8868 shares traded. The stock had previously closed at $24.74.

Oversea-Chinese Banking Stock Performance

The business has a 50-day moving average price of $23.81 and a 200-day moving average price of $22.73.

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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