Bank of Communications Co., Ltd. (OTCMKTS: BCMXY – Get a rating) benefited from a sharp fall in short-term interest rates in April. As of April 30, there was short interest totaling 500 shares, down 68.8% from April 15’s total of 1,600 shares. Based on an average daily volume of 100 shares, the day-to-cover ratio is currently 5.0 days.
OTCMKTS BCMXY held steady at $16.93 during Thursday’s session. Bank of Communications has a 1-year low of $14.10 and a 1-year high of $17.62. The stock has a market capitalization of $50.29 billion, a PE ratio of 3.97 and a beta of 0.26. The company’s fifty-day simple moving average is $17.37 and its two-hundred-day simple moving average is $16.22.
Communications Bank (OTCMKTS: BCMXY – Get a rating) last reported quarterly earnings data on Friday, March 25. The bank reported EPS of $1.17 for the quarter. Bank of Communications had a return on equity of 9.82% and a net margin of 20.32%. The company had revenue of $8.43 billion in the quarter.
Bank of Communications Company Profile (Get a rating)
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 exchange, swap management and educational deposits, as well as certificates of deposits; credit and debit cards; real estate and personal loans; and wealth management products, and wealth management consulting and advisory services.
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