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United Overseas Bank (OTC:UOVEY) Sets New 1-Year High - Time to Buy?

United Overseas Bank logo with Finance background

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

Wall Street Analysts Forecast Growth

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

View Our Latest Report on UOVEY

United Overseas Bank Stock Performance

The company has a 50 day simple moving average of $54.84.

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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