Bank of China (OTCMKTS:BACHY) Sees Large Volume Increase - Still a Buy?

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.

Shares of Bank of China Ltd. (OTCMKTS:BACHY - Get Free Report) saw strong trading volume on Monday . 39,196 shares traded hands during 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 Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.84 and a current ratio of 0.84. The stock has a market cap of $163.21 billion, a P/E ratio of 5.33 and a beta of 0.20. The firm's 50 day moving average is $14.34 and its 200 day moving average is $14.43.

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

About Bank of China

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.