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Bank of China (OTCMKTS:BACHY) Stock Passes Above 50-Day Moving Average - What's Next?

Bank of China logo with Finance background

Bank of China Limited (OTCMKTS:BACHY - Get Free Report)'s share price crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $11.69 and traded as high as $11.75. Bank of China shares last traded at $11.75, with a volume of 27,984 shares trading hands.

Bank of China Price Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.87 and a current ratio of 0.87. The company has a market cap of $136.24 billion, a P/E ratio of 4.61 and a beta of 0.20. The firm has a 50 day moving average price of $11.70 and a two-hundred day moving average price of $11.60.

Bank of China (OTCMKTS:BACHY - Get Free Report) last posted its earnings results on Thursday, August 29th. The bank reported $0.62 earnings per share for the quarter. The business had revenue of $21.67 billion during the quarter. Bank of China had a return on equity of 7.81% and a net margin of 17.35%.

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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