Bank of Cyprus Holdings Public (OTCMKTS:BKCYF) Trading Up 25.2% – Here’s Why

Bank of Cyprus Holdings Public Limited (OTCMKTS:BKCYF)’s share price was up 25.2% during trading on Monday . The company traded as high as C$9.39 and last traded at C$9.39. Approximately 2,100 shares changed hands during mid-day trading, an increase of 126% from the average daily volume of 928 shares. The stock had previously closed at C$7.50.

Analyst Upgrades and Downgrades

Separately, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Bank of Cyprus Holdings Public in a research note on Thursday, August 14th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy”.

Bank of Cyprus Holdings Public Stock Up 25.2%

The company has a 50 day simple moving average of C$7.39 and a 200-day simple moving average of C$6.62.

Bank of Cyprus Holdings Public Company Profile

Bank of Cyprus Holdings Public Limited Company, through its subsidiaries, engages in the provision of banking, financial, and insurance services in Cyprus, Greece, the United Kingdom, the United States, Germany, Romania, Russia, Ukraine, Belarus, Israel, and internationally. The company offers current, demand, savings, sight, quick, and fixed deposits; housing, student, vehicle, mortgage, consumer, and business and business premises loans; and trade finance facilities, Escrow, and project finance services, as well as hire purchase services for car and equipment.