Bank of Communications (OTCMKTS:BCMXY) Shares Gap Up – Time to Buy?

Bank of Communications Co. (OTCMKTS:BCMXYGet Free Report) gapped up before the market opened on Tuesday . The stock had previously closed at $21.15, but opened at $23.8080. Bank of Communications shares last traded at $23.8080, with a volume of 179 shares trading hands.

Bank of Communications Price Performance

The company has a market cap of $61.52 billion, a P/E ratio of 5.35 and a beta of -0.17. The company has a fifty day moving average of $22.10 and a 200 day moving average of $22.29.

About Bank of Communications

(Get Free Report)

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.

See Also

Receive News & Ratings for Bank of Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of Communications and related companies with MarketBeat.com's FREE daily email newsletter.