Bank of China (OTCMKTS:BACHY) Sees Strong Trading Volume – Here’s What Happened

Bank of China Ltd. (OTCMKTS:BACHY) saw unusually-high trading volume on Friday . Approximately 94,646 shares changed hands during mid-day trading, an increase of 90% from the previous session’s volume of 49,720 shares.The stock last traded at $14.7025 and had previously closed at $14.58.

Bank of China Stock Performance

The firm has a market cap of $172.04 billion, a PE ratio of 5.68 and a beta of 0.18. The business has a 50 day simple moving average of $13.87 and a two-hundred day simple moving average of $14.29. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.01.

Bank of China (OTCMKTS:BACHY) last posted its quarterly earnings results on Friday, August 29th. The bank reported $0.62 EPS for the quarter, missing analysts’ consensus estimates of $0.63 by ($0.01). The company had revenue of $19.64 billion during the quarter, compared to the consensus estimate of $140.98 billion. Bank of China had a return on equity of 8.12% and a net margin of 19.65%.

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.