Bank of China (OTCMKTS:BACHY) Sets New 1-Year High – Here’s Why

Bank of China Ltd. (OTCMKTS:BACHYGet Free Report)’s share price reached a new 52-week high on Tuesday . The company traded as high as $19.65 and last traded at $19.16, with a volume of 11055 shares changing hands. The stock had previously closed at $19.25.

Bank of China Stock Down 0.5%

The stock has a market cap of $246.81 billion, a PE ratio of 7.34 and a beta of 0.08. The firm has a 50-day simple moving average of $17.61 and a 200-day simple moving average of $16.61.

Bank of China Company Profile

(Get Free Report)

Bank of China Limited is a state-owned commercial bank headquartered in Beijing and one of China’s major internationally active financial institutions. Founded in 1912, it has developed from a bank focused on international exchange and trade finance into a full-service commercial banking group serving individuals, businesses, institutions and governments.

The bank provides corporate banking, personal banking, payment and settlement services, wealth management, investment banking, financial-market services and trade finance.

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