Bank of Communications Co. (OTCMKTS:BCMXY – Get Free Report)’s stock price reached a new 52-week high during mid-day trading on Monday. The stock traded as high as $27.35 and last traded at $27.35, with a volume of 189 shares. The stock had previously closed at $26.6862.
Bank of Communications Trading Up 2.5%
The firm has a market cap of $81.24 billion, a PE ratio of 7.58 and a beta of -0.04. The business has a fifty day moving average price of $24.71 and a 200 day moving average price of $22.82.
Bank of Communications (OTCMKTS:BCMXY – Get Free Report) last posted its earnings results on Friday, August 28th. The bank reported $0.81 earnings per share for the quarter, hitting the consensus estimate of $0.81. The firm had revenue of $10.32 billion during the quarter, compared to analysts’ expectations of $10.32 billion. Bank of Communications had a return on equity of 7.91% and a net margin of 19.23%. On average, research analysts expect that Bank of Communications Co. will post 4.12 earnings per share for the current fiscal year.
About Bank of Communications
Bank of Communications Co, Ltd. is a major Chinese commercial bank that provides banking and financial services to businesses, individuals, government-related institutions and other organizations. Its principal activities include corporate banking, retail banking, institutional banking, investment banking, asset management, financial markets and treasury services.
The bank offers products such as deposits, loans, payment and settlement services, trade finance, wealth management, personal banking, credit cards and foreign-exchange services.
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