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Bank of Communications (OTCMKTS:BCMXY) Stock Price Passes Above Fifty Day Moving Average - Should You Sell?

Bank of Communications logo with Finance background

Key Points

  • Bank of Communications Co. shares have crossed above their 50-day moving average, signaling a potential upward trend in stock performance.
  • The company has a market cap of $65.65 billion, with a P/E ratio of 5.50 and a debt-to-equity ratio of 1.87.
  • The stock last traded at $22.10, despite experiencing a slight decline of 1.8% recently.
  • Looking to export and analyze Bank of Communications data? Unlock 5 Weeks of MarketBeat All Access for Just $5. Claim Your Limited-Time Discount.

Shares of Bank of Communications Co. (OTCMKTS:BCMXY - Get Free Report) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $21.91 and traded as high as $22.10. Bank of Communications shares last traded at $22.10, with a volume of 128 shares trading hands.

Bank of Communications Price Performance

The firm has a 50 day simple moving average of $22.07 and a two-hundred day simple moving average of $21.33. The company has a market capitalization of $65.65 billion, a PE ratio of 5.50 and a beta of -0.11. The company has a current ratio of 0.89, a quick ratio of 0.89 and a debt-to-equity ratio of 1.87.

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.

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