Bank of Communications Co., Ltd. (OTCMKTS:BCMXY)’s stock price hit a new 52-week high during trading on Thursday . The company traded as high as $17.11 and last traded at $17.11, with a volume of 1212 shares traded. The stock had previously closed at $16.78.
A number of equities analysts recently commented on the stock. JPMorgan Chase & Co. cut shares of Bank of Communications from an “overweight” rating to a “neutral” rating in a research report on Tuesday, May 4th. Jefferies Financial Group upgraded shares of Bank of Communications from a “hold” rating to a “buy” rating in a research report on Monday, March 29th. Finally, Zacks Investment Research cut shares of Bank of Communications from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 26th.
The firm’s 50-day moving average price is $15.89. The stock has a market cap of $50.83 billion, a PE ratio of 4.34 and a beta of 0.40. The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.44.
About Bank of Communications (OTCMKTS:BCMXY)
Bank of Communications Co, Ltd. provides commercial banking products and services. The company offers personal banking products and services, including demand, time, call, withdrawal, foreign currency, swap management, and education deposits, as well as certificate of deposits; credit and debit cards; housing and personal loans; and wealth management products, and wealth management advisory and consulting services.
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