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Bank of China (OTCMKTS:BACHY) Sets New 12-Month High - Still a Buy?

Bank of China logo with Finance background

Bank of China Limited (OTCMKTS:BACHY - Get Free Report) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $13.36 and last traded at $12.95, with a volume of 13834 shares trading hands. The stock had previously closed at $12.96.

Analyst Ratings Changes

Separately, The Goldman Sachs Group raised 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 BACHY

Bank of China Trading Down 0.6 %

The business's fifty day moving average price is $12.49 and its two-hundred day moving average price is $11.83. The firm has a market cap of $153.20 billion, a P/E ratio of 5.10 and a beta of 0.17.

Bank of China Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Stockholders of record on Tuesday, January 14th will be paid a $0.3231 dividend. The ex-dividend date is Tuesday, January 14th. Bank of China's payout ratio is presently 25.10%.

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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