Bank of Communications (OTCMKTS:BCMXY) Shares Cross Below 200-Day Moving Average – Time to Sell?

Bank of Communications Co. (OTCMKTS:BCMXY) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $21.29 and traded as low as $20.90. Bank of Communications shares last traded at $20.90, with a volume of 237 shares.

Bank of Communications Price Performance

The company has a debt-to-equity ratio of 1.87, a quick ratio of 0.89 and a current ratio of 0.89. The firm has a market capitalization of $62.08 billion, a price-to-earnings ratio of 5.07 and a beta of -0.14. The business has a fifty day moving average of $21.28 and a two-hundred day moving average of $21.29.

Bank of Communications (OTCMKTS:BCMXY) last announced its quarterly earnings results on Thursday, October 30th. The bank reported $0.73 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.91 by ($0.18). Bank of Communications had a net margin of 17.84% and a return on equity of 8.15%. The business had revenue of $9.38 billion for the quarter, compared to analyst estimates of $9.11 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.