Bank of China Limited (OTCMKTS:BACHY - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The stock traded as high as $13.61 and last traded at $13.59, with a volume of 17306 shares trading hands. The stock had previously closed at $13.25.
Wall Street Analysts Forecast Growth
Separately, 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.
Read Our Latest Research Report on Bank of China
Bank of China Stock Performance
The firm has a market cap of $160.26 billion, a P/E ratio of 5.34 and a beta of 0.17. The stock's 50 day simple moving average is $12.68 and its 200 day simple moving average is $11.94.
Bank of China Cuts Dividend
The firm also recently declared a dividend, which will be paid on Thursday, March 6th. Shareholders of record on Tuesday, January 14th will be paid a dividend of $0.3231 per share. The ex-dividend date is Tuesday, January 14th. Bank of China's dividend payout ratio (DPR) is presently 25.10%.
About Bank of China
(
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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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