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Bank of China (OTCMKTS:BACHY) Sets New 52-Week High - Time to Buy?

Bank of China logo with Finance background
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Bank of China Limited (OTCMKTS:BACHY - Get Free Report) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $15.20 and last traded at $15.04, with a volume of 40700 shares traded. The stock had previously closed at $15.00.

Analyst Ratings Changes

Separately, The Goldman Sachs Group upgraded shares of Bank of China from a "hold" rating to a "strong-buy" rating in a report on Thursday, January 9th.

View Our Latest Stock Report on Bank of China

Bank of China Price Performance

The business has a 50-day moving average of $13.63 and a two-hundred day moving average of $12.51. The company has a market cap of $175.69 billion, a P/E ratio of 5.85 and a beta of 0.18.

About Bank of China

(Get Free Report)

Bank of China Limited, together with its subsidiaries, provides various banking and financial services in Chinese Mainland, Hong Kong, Macao, Taiwan, and internationally. It operates through six segments: Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other.

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Should You Invest $1,000 in Bank of China Right Now?

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