Bank of Cyprus Holdings Public Limited (LON:BOCH – Get Rating)’s share price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as GBX 277 ($3.54) and last traded at GBX 258.95 ($3.31), with a volume of 326 shares changing hands. The stock had previously closed at GBX 270 ($3.45).

Analyst Ratings Changes

Separately, Numis Securities initiated coverage on Bank of Cyprus Holdings Public in a report on Wednesday, March 15th. They set a “buy” rating and a GBX 507 ($6.49) price objective for the company.

Bank of Cyprus Holdings Public Stock Performance

The company has a 50-day moving average of GBX 227.97 and a 200-day moving average of GBX 203.54. The firm has a market capitalization of £1.16 billion, a price-to-earnings ratio of 27,000.00 and a beta of 0.72.

Insiders Place Their Bets

In other news, insider Constantine Iordanou purchased 47,470 shares of Bank of Cyprus Holdings Public stock in a transaction on Friday, June 9th. The stock was purchased at an average price of GBX 246 ($3.15) per share, with a total value of £116,776.20 ($149,425.72). Insiders own 18.95% of the company’s stock.

Bank of Cyprus Holdings Public Company Profile

(Get Rating)

Bank of Cyprus Holdings Public Limited Company, through its subsidiaries, engages in the provision of banking, financial, and insurance services. It offers current, demand, savings, time, notice, instant access, and fixed deposits; housing, student, vehicle, mortgage, consumer, business and business premises, term, and home or investment loans; and asset finance, factoring, trade facilities, European financial, project finance, shipping finance, and syndicated and corporate lending services, as well as hire purchase services for car and equipment.

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