Shares of Bank of China Ltd. (OTCMKTS:BACHY - Get Free Report) passed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $14.68 and traded as high as $15.03. Bank of China shares last traded at $14.97, with a volume of 35,537 shares traded.
Wall Street Analysts Forecast Growth
Separately, Bank of America restated a "neutral" rating on shares of Bank of China in a research note on Thursday, March 27th.
Check Out Our Latest Stock Analysis on Bank of China
Bank of China Price Performance
The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.85 and a current ratio of 0.85. The company's fifty day simple moving average is $14.72 and its two-hundred day simple moving average is $14.06. The stock has a market capitalization of $176.34 billion, a PE ratio of 5.76 and a beta of 0.16.
Bank of China (OTCMKTS:BACHY - Get Free Report) last issued its quarterly earnings results on Tuesday, April 29th. The bank reported $0.62 EPS for the quarter, hitting analysts' consensus estimates of $0.62. The business had revenue of $22.70 billion during the quarter, compared to the consensus estimate of $146.27 billion. Bank of China had a net margin of 18.97% and a return on equity of 8.21%.
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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