Bank of China Ltd. (OTCMKTS:BACHY - Get Free Report) crossed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.46 and traded as high as $14.79. Bank of China shares last traded at $14.72, with a volume of 53,737 shares trading hands.
Analyst Upgrades and Downgrades
Separately, Bank of America reissued a "neutral" rating on shares of Bank of China in a research note on Thursday, March 27th.
Read Our Latest Stock Report on BACHY
Bank of China Price Performance
The company's 50 day moving average price is $14.46 and its 200-day moving average price is $13.78. The company has a market capitalization of $173.34 billion, a PE ratio of 5.66 and a beta of 0.17. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.01.
Bank of China (OTCMKTS:BACHY - Get Free Report) last announced its quarterly earnings data on Tuesday, April 29th. The bank reported $0.62 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.62. Bank of China had a net margin of 18.97% and a return on equity of 8.21%. The company had revenue of $22.70 billion during the quarter, compared to analysts' expectations of $146.27 billion.
Bank of China Cuts Dividend
The firm also recently declared a dividend, which was paid on Monday, June 9th. Investors of record on Thursday, April 24th were given a dividend of $0.3063 per share. The ex-dividend date of this dividend was Wednesday, April 23rd. This represents a yield of 9.32%. Bank of China's dividend payout ratio (DPR) is 23.46%.
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.
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