Bank of China Limited (OTCMKTS:BACHY - Get Free Report) shares hit a new 52-week high during trading on Monday . The stock traded as high as $15.50 and last traded at $15.22, with a volume of 48397 shares. The stock had previously closed at $14.67.
Wall Street Analysts Forecast Growth
A number of research firms have weighed in on BACHY. Bank of America reissued a "neutral" rating on shares of Bank of China in a report on Thursday, March 27th. The Goldman Sachs Group upgraded shares of Bank of China from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th.
Check Out Our Latest Stock Analysis on BACHY
Bank of China Stock Down 2.8 %
The firm's fifty day moving average price is $13.97 and its 200 day moving average price is $12.73. The stock has a market cap of $174.28 billion, a PE ratio of 5.80 and a beta of 0.18.
Bank of China (OTCMKTS:BACHY - Get Free Report) last released its quarterly earnings data on Wednesday, March 26th. The bank reported $0.70 EPS for the quarter, beating the consensus estimate of $0.63 by $0.07. Bank of China had a net margin of 17.35% and a return on equity of 7.81%. The business had revenue of $17.82 billion during the quarter, compared to the consensus estimate of $130.61 billion.
Bank of China Company Profile
(
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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