Bank of China Ltd. (OTCMKTS:BACHY – Get Free Report) hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $17.6940 and last traded at $17.4350, with a volume of 63959 shares trading hands. The stock had previously closed at $17.51.
Wall Street Analyst Weigh In
Separately, Zacks Research upgraded shares of Bank of China to a “hold” rating in a report on Thursday, April 23rd. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.
Read Our Latest Stock Analysis on BACHY
Bank of China Trading Down 0.1%
Bank of China Company Profile
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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