Bank of China Ltd. (OTCMKTS:BACHY – Get Free Report)’s share price hit a new 52-week high during trading on Tuesday . The stock traded as high as $16.93 and last traded at $16.68, with a volume of 917 shares changing hands. The stock had previously closed at $16.35.
Bank of China Stock Down 1.8%
The company has a 50-day moving average price of $15.24 and a 200 day moving average price of $14.69. The firm has a market capitalization of $209.95 billion, a PE ratio of 6.41 and a beta of 0.07. The company has a debt-to-equity ratio of 0.02, a current ratio of 0.84 and a quick ratio of 0.84.
About Bank of China
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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