Bank of China (OTCMKTS:BACHY) Hits New 52-Week High – Still a Buy?

Shares of Bank of China Limited (OTCMKTS:BACHYGet Free Report) reached a new 52-week high during trading on Tuesday . The company traded as high as $15.20 and last traded at $15.04, with a volume of 40700 shares trading hands. The stock had previously closed at $15.00.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group raised Bank of China from a “hold” rating to a “strong-buy” rating in a research note on Thursday, January 9th.

Get Our Latest Research Report on Bank of China

Bank of China Stock Up 0.3 %

The firm has a market cap of $177.10 billion, a price-to-earnings ratio of 5.90 and a beta of 0.18. The stock has a 50 day moving average of $13.43 and a 200 day moving average of $12.42.

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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