Bank Of Communicat (OTCMKTS:BCMXY) Upgraded by ValuEngine to “Strong-Buy”

Bank Of Communicat (OTCMKTS:BCMXY) was upgraded by ValuEngine from a “buy” rating to a “strong-buy” rating in a note issued to investors on Wednesday, January 3rd.

Shares of Bank Of Communicat (OTCMKTS BCMXY) traded up $1.88 during midday trading on Wednesday, hitting $20.90. 260 shares of the stock were exchanged, compared to its average volume of 113. The company has a current ratio of 0.86, a quick ratio of 0.86 and a debt-to-equity ratio of 1.23. Bank Of Communicat has a 1-year low of $17.31 and a 1-year high of $19.64. The stock has a market capitalization of $26,090.85, a P/E ratio of 6.39 and a beta of 0.07.

Bank Of Communicat (OTCMKTS:BCMXY) last issued its earnings results on Friday, October 27th. The bank reported $0.79 earnings per share for the quarter. Bank Of Communicat had a return on equity of 11.62% and a net margin of 18.60%.

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Bank Of Communicat Company Profile

Bank of Communications Co, Ltd. provides various commercial and retail banking products and services primarily in China. The company offers personal banking products and services, including time deposits, education savings, fixed deposits, current deposits, personal call deposits, and hypothecated loans; credit, quasi-credit, and debit cards; housing, vehicle, and shop property loans; and wealth management services.

To view ValuEngine’s full report, visit ValuEngine’s official website.

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