Shares of Bank of China Ltd. (OTCMKTS:BACHY – Get Free Report) hit a new 52-week high on Monday . The stock traded as high as $15.6920 and last traded at $15.5450, with a volume of 11861 shares traded. The stock had previously closed at $15.34.
Bank of China Stock Up 1.5%
The company has a 50-day moving average of $14.71 and a 200-day moving average of $14.40. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $200.70 billion, a price-to-earnings ratio of 6.06 and a beta of 0.13.
About Bank of China
Bank of China (OTCMKTS: BACHY) is a major state-owned commercial bank headquartered in Beijing that provides a broad range of banking and financial services to corporate, institutional and retail clients. Founded in 1912, the bank has grown into one of China’s largest and longest-established banking institutions and is commonly grouped with the nation’s “Big Four” banks. Its core activities include deposit-taking, corporate and retail lending, trade finance, foreign exchange and treasury services, as well as cash management and payment services for domestic and cross-border clients.
In addition to traditional commercial banking, Bank of China offers investment banking and capital markets services, structured finance, asset management and wealth management solutions.
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