Free Trial

Bank of Communications (OTCMKTS:BCMXY) Stock Price Passes Above 50-Day Moving Average - Time to Sell?

Bank of Communications logo with Finance background

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY - Get Free Report)'s share price passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of $18.04 and traded as high as $18.55. Bank of Communications shares last traded at $18.55, with a volume of 1,902 shares trading hands.

Bank of Communications Stock Down 7.3 %

The company has a current ratio of 0.94, a quick ratio of 0.94 and a debt-to-equity ratio of 1.54. The firm's 50 day simple moving average is $18.05 and its 200-day simple moving average is $18.27. The stock has a market capitalization of $55.10 billion and a price-to-earnings ratio of 4.61.

Bank of Communications (OTCMKTS:BCMXY - Get Free Report) last released its quarterly earnings results on Wednesday, August 28th. The bank reported $0.76 earnings per share (EPS) for the quarter. The firm had revenue of $9.03 billion for the quarter. Bank of Communications had a return on equity of 7.57% and a net margin of 15.61%.

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.

Recommended Stories

Should you invest $1,000 in Bank of Communications right now?

Before you consider Bank of Communications, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of Communications wasn't on the list.

While Bank of Communications currently has a "Hold" rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed Investors Cover

As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Why Whitestone REIT is Outperforming in 2024: 35% Growth & Monthly Dividends
Why SoundHound Stock Dip Could Mean Big Gains for 2025 Investors
Nintendo Stock: Buy Before the 2025 Switch Platform Hits!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines