Bank of Communications Co. (OTCMKTS:BCMXY – Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $21.15, but opened at $23.8080. Bank of Communications shares last traded at $23.8080, with a volume of 179 shares.
Bank of Communications Stock Up 10.8%
The company has a market cap of $70.72 billion, a PE ratio of 6.15 and a beta of -0.17. The business’s 50 day moving average price is $22.30 and its 200-day moving average price is $22.31.
Bank of Communications Company Profile
Bank of Communications Co, Ltd. (OTCMKTS: BCMXY) is a major Chinese commercial bank that provides a broad range of banking and financial services to individual, corporate and institutional clients. Founded in the early 20th century, the bank has grown into one of China’s large, systemically important banks and plays a significant role in supporting domestic economic activity, trade and finance. It combines traditional commercial banking functions with modern financial services across multiple customer segments.
The company’s core businesses include retail banking, corporate and investment banking, treasury and financial markets operations, and wealth and asset management.
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