Bank of Communications (OTCMKTS:BCMXY) Shares Down 15.9%

Bank of Communications Co., Ltd. (OTCMKTS:BCMXY)’s share price traded down 15.9% during mid-day trading on Friday . The company traded as low as $15.39 and last traded at $15.39. 163 shares traded hands during mid-day trading, a decline of 69% from the average session volume of 527 shares. The stock had previously closed at $18.30.

Bank of Communications Trading Down 15.9 %

The stock’s 50-day moving average price is $18.62 and its 200-day moving average price is $17.55. The company has a market capitalization of $45.72 billion, a P/E ratio of 4.90 and a beta of 0.06.

Bank of Communications (OTCMKTS:BCMXY) last issued its quarterly earnings data on Wednesday, August 28th. The bank reported $0.76 earnings per share for the quarter. The firm had revenue of $9.03 billion during the quarter.

Bank of Communications Cuts Dividend

The business also recently announced a dividend, which was paid on Thursday, August 15th. Shareholders of record on Wednesday, July 3rd were paid a dividend of $1.0945 per share. The ex-dividend date of this dividend was Wednesday, July 3rd.

Bank of Communications Company Profile

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.