Banco Comercial Portugues (OTCMKTS:BPCGY) Sees Unusually-High Trading Volume - Here's What Happened

Shares of Banco Comercial Portugues S.A. Unsponsored ADR (OTCMKTS:BPCGY - Get Free Report) saw an uptick in trading volume on Thursday . 18,598 shares were traded during mid-day trading, an increase of 1,658% from the previous session's volume of 1,058 shares.The stock last traded at $7.38 and had previously closed at $7.40.

Analyst Upgrades and Downgrades

Separately, Barclays raised shares of Banco Comercial Portugues to a "strong-buy" rating in a research note on Thursday, March 6th.

Banco Comercial Portugues Stock Performance

The company has a debt-to-equity ratio of 0.60, a current ratio of 1.17 and a quick ratio of 1.17. The stock's 50 day moving average is $6.94 and its two-hundred day moving average is $6.00.

Banco Comercial Portugues Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 20th. Shareholders of record on Thursday, June 19th were paid a dividend of $0.03 per share. The ex-dividend date of this dividend was Wednesday, June 18th. This represents a yield of 4.34%.

Banco Comercial Portugues Company Profile

Banco Comercial Português, SA, a private sector bank, engages in the provision of various banking and financial products and services in Portugal and internationally. It operates through Retail Banking; Companies, Corporate & Investment Banking; Private Banking; Foreign Business; and Other segments.