Bank of Communications Co. (OTCMKTS:BCMXY – Get Free Report) was the recipient of a significant growth in short interest during the month of September. As of September 30th, there was short interest totaling 200 shares, a growth of 100.0% from the September 15th total of 100 shares. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2.0 days. Based on an average daily trading volume, of 100 shares, the days-to-cover ratio is currently 2.0 days.
Bank of Communications Price Performance
Shares of OTCMKTS BCMXY opened at $21.25 on Monday. The stock has a market capitalization of $63.12 billion, a P/E ratio of 5.16 and a beta of -0.16. The company has a 50-day moving average price of $21.70 and a 200-day moving average price of $21.34. Bank of Communications has a 1 year low of $17.91 and a 1 year high of $23.95. The company has a debt-to-equity ratio of 1.87, a current ratio of 0.89 and a quick ratio of 0.89.
Bank of Communications (OTCMKTS:BCMXY – Get Free Report) last issued its quarterly earnings data on Friday, August 29th. The bank reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.77 by $0.09. Bank of Communications had a net margin of 17.84% and a return on equity of 8.15%. The firm had revenue of $8.32 billion during the quarter, compared to analysts’ expectations of $62.52 billion.
Bank of Communications Company Profile
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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