Bank of China Ltd. (OTCMKTS:BACHY – Get Free Report) shares gapped down before the market opened on Tuesday. The stock had previously closed at $19.31, but opened at $18.52. Bank of China shares last traded at $18.52, with a volume of 491 shares.
Bank of China Stock Performance
The firm’s fifty day simple moving average is $18.00 and its 200-day simple moving average is $16.85. The stock has a market cap of $248.10 billion, a P/E ratio of 7.38 and a beta of 0.08.
About Bank of China
Bank of China Limited is a state-owned commercial bank headquartered in Beijing, China. Established in 1912, it is one of the country’s major banking institutions and serves individuals, businesses, government-related entities and financial institutions.
The bank provides a broad range of financial services, including personal and corporate banking, deposits, lending, payments, wealth management, foreign-exchange services and trade finance. Through its investment banking and financial-markets businesses, Bank of China also offers securities, asset-management and related advisory services through affiliated companies.
Bank of China has a significant international presence, with operations spanning mainland China, Hong Kong and Macau as well as markets across Asia, Europe, the Americas, Oceania and Africa.
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