Bank of China (OTCMKTS:BACHY) Sets New 52-Week High – Here’s What Happened

Bank of China Ltd. (OTCMKTS:BACHYGet Free Report) shares hit a new 52-week high on Tuesday . The stock traded as high as $15.60 and last traded at $15.03, with a volume of 26060 shares. The stock had previously closed at $15.0450.

Bank of China Stock Performance

The stock has a market capitalization of $193.91 billion, a PE ratio of 5.85 and a beta of 0.13. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.02. The stock has a fifty day moving average of $14.37 and a 200-day moving average of $14.27.

About Bank of China

(Get Free Report)

Bank of China (OTCMKTS: BACHY) is a major state-owned commercial bank headquartered in Beijing that provides a broad range of banking and financial services to corporate, institutional and retail clients. Founded in 1912, the bank has grown into one of China’s largest and longest-established banking institutions and is commonly grouped with the nation’s “Big Four” banks. Its core activities include deposit-taking, corporate and retail lending, trade finance, foreign exchange and treasury services, as well as cash management and payment services for domestic and cross-border clients.

In addition to traditional commercial banking, Bank of China offers investment banking and capital markets services, structured finance, asset management and wealth management solutions.

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