Bank of China Limited (OTCMKTS:BACHY - Get Free Report) shares passed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $12.51 and traded as high as $13.19. Bank of China shares last traded at $13.15, with a volume of 29,322 shares traded.
Wall Street Analysts Forecast Growth
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.
Read Our Latest Stock Report on Bank of China
Bank of China Price Performance
The company has a market capitalization of $160.26 billion, a P/E ratio of 5.34 and a beta of 0.17. The business has a 50-day moving average of $12.64 and a 200-day moving average of $11.91.
Bank of China Cuts Dividend
The business also recently declared 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 dividend payout ratio is presently 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.
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