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Bank of Communications (OTCMKTS:BCMXY) Stock Crosses Above 50-Day Moving Average - Here's What Happened

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Bank of Communications Co., Ltd. (OTCMKTS:BCMXY - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $20.86 and traded as high as $21.35. Bank of Communications shares last traded at $21.35, with a volume of 304 shares changing hands.

Bank of Communications Price Performance

The company has a market capitalization of $63.42 billion, a PE ratio of 5.31 and a beta of -0.15. The stock's 50 day simple moving average is $20.94 and its 200-day simple moving average is $19.42.

Bank of Communications Cuts Dividend

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

About Bank of Communications

(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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