Bank of China (OTCMKTS:BACHY) Share Price Passes Above 50-Day Moving Average - Time to Sell?

Bank of China Limited (OTCMKTS:BACHY - Get Free Report) shares crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $11.49 and traded as high as $12.54. Bank of China shares last traded at $11.99, with a volume of 20,520 shares changing hands.

Bank of China Stock Performance

The firm's 50-day moving average price is $11.52 and its 200-day moving average price is $11.47. The company has a debt-to-equity ratio of 0.01, a current ratio of 0.87 and a quick ratio of 0.87. The stock has a market cap of $142.25 billion, a P/E ratio of 4.74 and a beta of 0.21.

Bank of China (OTCMKTS:BACHY - Get Free Report) last released its quarterly earnings data on Thursday, August 29th. The bank reported $0.62 EPS for the quarter. Bank of China had a net margin of 17.38% and a return on equity of 7.78%. The business had revenue of $21.67 billion during the quarter.

Bank of China Company Profile

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.