Bank of Communications Co. (OTCMKTS:BCMXY – Get Free Report)’s share price reached a new 52-week high on Thursday . The stock traded as high as $26.05 and last traded at $22.25, with a volume of 449 shares changing hands. The stock had previously closed at $26.00.
Bank of Communications Price Performance
The company has a debt-to-equity ratio of 1.70, a current ratio of 0.94 and a quick ratio of 0.94. The company’s 50-day moving average price is $22.33 and its 200-day moving average price is $21.96. The company has a market cap of $72.04 billion, a P/E ratio of 6.63 and a beta of -0.05.
About Bank of Communications
Bank of Communications Co, Ltd. (OTCMKTS: BCMXY) is a major Chinese commercial bank that provides a broad range of banking and financial services to individual, corporate and institutional clients. Founded in the early 20th century, the bank has grown into one of China’s large, systemically important banks and plays a significant role in supporting domestic economic activity, trade and finance. It combines traditional commercial banking functions with modern financial services across multiple customer segments.
The company’s core businesses include retail banking, corporate and investment banking, treasury and financial markets operations, and wealth and asset management.
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