Bank of China (OTCMKTS:BACHY) Reaches New 52-Week High – What’s Next?

Bank of China Limited (OTCMKTS:BACHYGet Free Report)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $15.20 and last traded at $15.04, with a volume of 40700 shares changing hands. The stock had previously closed at $15.00.

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.

Read Our Latest Analysis on BACHY

Bank of China Price Performance

The stock has a 50 day moving average price of $13.53 and a two-hundred day moving average price of $12.46. The company has a market capitalization of $176.89 billion, a price-to-earnings ratio of 5.89 and a beta of 0.18.

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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