Bank of China Limited (OTCMKTS:BACHY - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $15.43 and last traded at $14.86, with a volume of 25320 shares traded. The stock had previously closed at $14.80.
Analyst Ratings Changes
BACHY has been the subject of several recent analyst reports. The Goldman Sachs Group upgraded Bank of China from a "hold" rating to a "strong-buy" rating in a research note on Thursday, January 9th. Bank of America reiterated a "neutral" rating on shares of Bank of China in a report on Thursday.
View Our Latest Analysis on BACHY
Bank of China Stock Performance
The firm has a market cap of $172.75 billion, a P/E ratio of 5.75 and a beta of 0.18. The company has a 50 day moving average of $13.87 and a 200 day moving average of $12.66.
Bank of China (OTCMKTS:BACHY - Get Free Report) last announced its quarterly earnings results on Wednesday, March 26th. The bank reported $0.70 earnings per share (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 company had revenue of $17.82 billion for the quarter, compared to analyst estimates of $130.61 billion.
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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