Banco Comercial Portugues (OTCMKTS:BPCGY) Sees Strong Trading Volume – Here’s Why

Shares of Banco Comercial Portugues S.A. Unsponsored ADR (OTCMKTS:BPCGYGet Free Report) saw unusually-strong trading volume on Tuesday . Approximately 17,081 shares traded hands during trading, an increase of 995% from the previous session’s volume of 1,560 shares.The stock last traded at $9.59 and had previously closed at $9.43.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group upgraded Banco Comercial Portugues to a “hold” rating in a research note on Wednesday, September 24th. One analyst has rated the stock with a Strong Buy rating and one has issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy”.

Get Our Latest Stock Analysis on BPCGY

Banco Comercial Portugues Stock Up 1.7%

The company has a debt-to-equity ratio of 0.60, a current ratio of 1.17 and a quick ratio of 1.17. The firm has a market capitalization of $14.49 billion, a price-to-earnings ratio of 10.54 and a beta of 0.26. The business has a fifty day moving average price of $8.85 and a two-hundred day moving average price of $8.13.

About Banco Comercial Portugues

(Get Free Report)

Banco Comercial Português, SA, a private sector bank, engages in the provision of various banking and financial products and services in Portugal and internationally. It operates through Retail Banking; Companies, Corporate & Investment Banking; Private Banking; Foreign Business; and Other segments.

Further Reading

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