Shares of Bank of China Ltd. (OTCMKTS:BACHY - Get Free Report) gapped down before the market opened on Monday . The stock had previously closed at $14.82, but opened at $14.50. Bank of China shares last traded at $14.49, with a volume of 1,798 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Bank of America reaffirmed a "neutral" rating on shares of Bank of China in a research report on Thursday, March 27th.
View Our Latest Report on Bank of China
Bank of China Price Performance
The company has a quick ratio of 0.85, a current ratio of 0.85 and a debt-to-equity ratio of 0.01. The firm's fifty day simple moving average is $14.53 and its two-hundred day simple moving average is $13.87. The firm has a market cap of $171.45 billion, a PE ratio of 5.60 and a beta of 0.17.
Bank of China (OTCMKTS:BACHY - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $0.62 EPS for the quarter, meeting analysts' consensus estimates of $0.62. The firm had revenue of $22.70 billion during the quarter, compared to the consensus estimate of $146.27 billion. Bank of China had a return on equity of 8.21% and a net margin of 18.97%.
Bank of China Cuts Dividend
The firm also recently disclosed a dividend, which was paid on Monday, June 9th. Investors of record on Thursday, April 24th were issued a dividend of $0.3063 per share. This represents a yield of 9.32%. The ex-dividend date of this dividend was Wednesday, April 23rd. Bank of China's payout ratio is 23.46%.
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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