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Bank of China (OTCMKTS:BACHY) Sees Unusually-High Trading Volume - Time to Buy?

Bank of China logo with Finance background

Key Points

  • Bank of China (OTCMKTS:BACHY) experienced a decline in trading volume, with 39,196 shares traded on Monday, down 11% from the previous session.
  • The bank reported $0.62 EPS for the last quarter, missing expectations of $0.63 EPS, with a revenue of $19.64 billion compared to projected earnings of $140.98 billion.
  • Bank of China maintains a low debt-to-equity ratio of 0.01, a price-to-earnings ratio of 5.46, and a market capitalization of $167.21 billion.
  • Interested in Bank of China? Here are five stocks we like better.

Bank of China Ltd. (OTCMKTS:BACHY - Get Free Report) shares saw strong trading volume on Monday . 39,196 shares changed hands during mid-day trading, a decline of 11% from the previous session's volume of 44,256 shares.The stock last traded at $14.19 and had previously closed at $14.23.

Bank of China Price Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 0.84 and a quick ratio of 0.84. The company's 50-day simple moving average is $14.39 and its 200-day simple moving average is $14.43. The company has a market cap of $167.21 billion, a price-to-earnings ratio of 5.46 and a beta of 0.20.

Bank of China (OTCMKTS:BACHY - Get Free Report) last released its earnings results on Friday, August 29th. The bank reported $0.62 EPS for the quarter, missing the consensus estimate of $0.63 by ($0.01). The business had revenue of $19.64 billion for the quarter, compared to analysts' expectations of $140.98 billion. Bank of China had a net margin of 19.11% and a return on equity of 8.08%.

Bank of China Company Profile

(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.

Further Reading

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