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Bank of Communications (OTCMKTS:BCMXY) Sets New 1-Year High - Still a Buy?

Bank of Communications logo with Finance background

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY - Get Free Report)'s share price reached a new 52-week high during trading on Thursday . The company traded as high as $23.15 and last traded at $23.15, with a volume of 250 shares. The stock had previously closed at $21.00.

Bank of Communications Stock Performance

The company has a 50 day moving average price of $20.40 and a 200-day moving average price of $19.17. The company has a market cap of $68.77 billion, a P/E ratio of 5.76 and a beta of -0.05.

Bank of Communications Cuts Dividend

The firm also recently declared a dividend, which will be paid on Friday, February 28th. Stockholders of record on Friday, January 17th will be paid a $0.4913 dividend. The ex-dividend date of this dividend is Friday, January 17th. Bank of Communications's payout ratio is 24.63%.

Bank of Communications Company Profile

(Get Free Report)

Bank of Communications Co, Ltd. provides commercial banking products and services in China. The company offers savings deposit products, including demand deposits, lump-sum deposits and withdrawal, time deposit of small savings for lump-sum withdrawal, interest withdrawal on principal deposited, time-demand deposit, call deposit, swap management, and education deposit; personal certificate of deposit; salary financing A; and foreign currency deposit.

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