Bank of Communications Co., Ltd. (OTCMKTS:BCMXY – Get Free Report) was the recipient of a significant increase in short interest during the month of August. As of August 31st, there was short interest totalling 800 shares, an increase of 166.7% from the August 15th total of 300 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 8.0 days.
Bank of Communications Stock Performance
BCMXY stock remained flat at $16.50 during midday trading on Friday. The company’s 50 day moving average is $18.36 and its 200-day moving average is $17.57. Bank of Communications has a 1-year low of $14.01 and a 1-year high of $20.31. The company has a market capitalization of $49.01 billion, a P/E ratio of 3.76 and a beta of 0.04.
Bank of Communications (OTCMKTS:BCMXY – Get Free Report) last announced its earnings results on Wednesday, August 28th. The bank reported $0.76 EPS for the quarter. The company had revenue of $9.03 billion for the quarter.
About Bank of Communications
Bank of Communications Co, Ltd. provides commercial banking products and services. It offers personal deposit products including savings, and personal certificate and structured deposits; personal loan, consumption, housing, mortgage loan, commercial housing, and business loans; and debit and credit card services.
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