Bank of China Limited (OTCMKTS:BACHY - Get Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $14.32 and traded as high as $14.86. Bank of China shares last traded at $14.81, with a volume of 18,974 shares trading hands.
Analyst Ratings Changes
Separately, Bank of America restated a "neutral" rating on shares of Bank of China in a research report on Thursday, March 27th.
View Our Latest Research Report on BACHY
Bank of China Stock Performance
The business has a 50 day moving average price of $14.32 and a two-hundred day moving average price of $13.36. The company has a market cap of $173.92 billion, a P/E ratio of 5.79 and a beta of 0.16.
Bank of China (OTCMKTS:BACHY - Get Free Report) last posted its earnings results on Tuesday, April 29th. The bank reported $0.62 earnings per share for the quarter, hitting analysts' consensus estimates of $0.62. The firm had revenue of $22.70 billion for the quarter, compared to the consensus estimate of $146.27 billion. Bank of China had a return on equity of 7.81% and a net margin of 17.35%.
Bank of China Cuts Dividend
The firm also recently announced a dividend, which will be paid on Monday, June 9th. Shareholders of record on Thursday, April 24th will be paid a dividend of $0.3063 per share. The ex-dividend date of this dividend is Wednesday, April 23rd. This represents a yield of 9.32%. Bank of China's dividend 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.
Further Reading
Before you consider Bank of China, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Bank of China wasn't on the list.
While Bank of China currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
