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Bank of China (OTCMKTS:BACHY) Reaches New 12-Month High - Should You Buy?

Bank of China logo with Finance background

Bank of China Limited (OTCMKTS:BACHY - Get Free Report)'s share price hit a new 52-week high on Tuesday . The stock traded as high as $13.84 and last traded at $13.79, with a volume of 34381 shares traded. The stock had previously closed at $13.61.

Analyst Ratings Changes

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

Get Our Latest Stock Analysis on Bank of China

Bank of China Stock Down 0.5 %

The company has a market capitalization of $163.44 billion, a PE ratio of 5.44 and a beta of 0.17. The firm has a 50-day moving average of $12.79 and a two-hundred day moving average of $12.01.

Bank of China Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Thursday, March 6th. Investors of record on Tuesday, January 14th will be given a $0.3231 dividend. The ex-dividend date of this dividend is Tuesday, January 14th. Bank of China's payout ratio is 25.49%.

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.

See Also

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