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Bank of China (OTCMKTS:BACHY) Stock Price Passes Below 200-Day Moving Average - Time to Sell?

Bank of China logo with Finance background

Key Points

  • The share price of Bank of China Ltd. (OTCMKTS:BACHY) has fallen below its 200-day moving average of $14.38, trading at $13.95.
  • The bank has a market capitalization of $164.27 billion and operates through various segments including Corporate and Personal Banking.
  • Bank of China maintains a low debt-to-equity ratio of 0.01, indicating a conservative approach to leverage.
  • Five stocks we like better than Bank of China.

Bank of China Ltd. (OTCMKTS:BACHY - Get Free Report) crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.38 and traded as low as $13.95. Bank of China shares last traded at $13.95, with a volume of 44,309 shares trading hands.

Bank of China Trading Down 1.6%

The firm's 50-day moving average is $14.60 and its 200-day moving average is $14.42. The company has a current ratio of 0.84, a quick ratio of 0.84 and a debt-to-equity ratio of 0.01. The firm has a market cap of $165.21 billion, a price-to-earnings ratio of 5.40 and a beta of 0.18.

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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