Bank of China (OTCMKTS:BACHY) Reaches New 52-Week High – Still a Buy?

Bank of China Ltd. (OTCMKTS:BACHYGet Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $19.60 and last traded at $18.91, with a volume of 7735 shares traded. The stock had previously closed at $18.66.

Bank of China Stock Up 0.4%

The business has a 50-day simple moving average of $17.03 and a two-hundred day simple moving average of $16.34. The stock has a market capitalization of $241.40 billion, a P/E ratio of 7.18 and a beta of 0.08.

Bank of China Company Profile

(Get Free Report)

Bank of China Limited is a state-owned commercial bank headquartered in Beijing and one of China’s major internationally active financial institutions. Founded in 1912, it has developed from a bank focused on international exchange and trade finance into a full-service commercial banking group serving individuals, businesses, institutions and governments.

The bank provides corporate banking, personal banking, payment and settlement services, wealth management, investment banking, financial-market services and trade finance.

Featured Articles

Receive News & Ratings for Bank of China Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bank of China and related companies with MarketBeat.com's FREE daily email newsletter.