Bank of Communications (OTCMKTS:BCMXY) Hits New 1-Year High at $20.31

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY) hit a new 52-week high during mid-day trading on Friday . The company traded as high as $20.31 and last traded at $20.31, with a volume of 110 shares changing hands. The stock had previously closed at $18.47.

Bank of Communications Stock Performance

The firm has a 50-day moving average price of $17.95 and a 200-day moving average price of $16.34. The company has a market capitalization of $54.87 billion, a price-to-earnings ratio of 4.52 and a beta of 0.08.

Bank of Communications (OTCMKTS:BCMXY) last released its earnings results on Friday, April 26th. The bank reported $1.19 earnings per share (EPS) for the quarter. Bank of Communications had a return on equity of 8.84% and a net margin of 17.24%. The firm had revenue of $9.39 billion for the quarter.

Bank of Communications Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, August 15th. Investors of record on Wednesday, July 3rd will be issued a dividend of $1.0945 per share. The ex-dividend date of this dividend is Wednesday, July 3rd.

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.