Bank of China (OTCMKTS:BACHY) Stock Passes Above 50 Day Moving Average – Time to Sell?

Bank of China Limited (OTCMKTS:BACHY) crossed above its fifty day moving average during trading on Monday . The stock has a fifty day moving average of $11.69 and traded as high as $11.75. Bank of China shares last traded at $11.75, with a volume of 27,984 shares.

Bank of China Price Performance

The stock has a market capitalization of $138.36 billion, a price-to-earnings ratio of 4.61 and a beta of 0.20. The company has a quick ratio of 0.87, a current ratio of 0.87 and a debt-to-equity ratio of 0.01. The business has a 50-day simple moving average of $11.69 and a two-hundred day simple moving average of $11.60.

Bank of China (OTCMKTS:BACHY) last posted its quarterly earnings results on Thursday, August 29th. The bank reported $0.62 earnings per share (EPS) for the quarter. The company had revenue of $21.67 billion for the quarter. Bank of China had a return on equity of 7.81% and a net margin of 17.35%.

Bank of China Company Profile

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.