Bank of China (OTCMKTS:BACHY) Stock Crosses Above 50 Day Moving Average of $9.27

Bank of China Limited (OTCMKTS:BACHYGet Free Report) passed above its 50-day moving average during trading on Monday . The stock has a 50-day moving average of $9.27 and traded as high as $9.51. Bank of China shares last traded at $9.46, with a volume of 26,799 shares trading hands.

Wall Street Analyst Weigh In

Separately, JPMorgan Chase & Co. upgraded Bank of China from a “neutral” rating to an “overweight” rating in a report on Wednesday, November 1st.

Check Out Our Latest Research Report on Bank of China

Bank of China Price Performance

The firm has a 50-day moving average of $9.27 and a 200-day moving average of $8.94. The firm has a market capitalization of $111.40 billion, a P/E ratio of 3.65 and a beta of 0.26. The company has a debt-to-equity ratio of 0.01, a quick ratio of 0.87 and a current ratio of 0.87.

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 Corporate Banking, Personal Banking, Treasury Operations, Investment Banking, Insurance, and Other segments. The Corporate Banking segment provides current accounts, deposits, overdrafts, loans, payments and settlements, trade-related products, and other credit facilities, as well as foreign currency, derivative, and wealth management products for corporate customers, government authorities, and financial institutions.

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