Banco De Chile Reaches New 52-Week High (BCH)

NEW YORK ( TheStreet) -- Banco De Chile (NYSE: BCH) hit a new 52-week high Wednesday as it is currently trading at $91.65, above its previous 52-week high of $91.36 with 8,470 shares traded as of 1:44 p.m. ET. Average volume has been 48,500 shares over the past 30 days.

Banco De Chile has a market cap of $13.06 billion and is part of the financial sector and banking industry. Shares are up 9.7% year to date as of the close of trading on Tuesday.

Banco de Chile provides banking services to individuals and corporations in Chile and internationally. The company has a P/E ratio of 13.8, above the average banking industry P/E ratio of 9.4 and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates Banco De Chile as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins, solid stock price performance and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, premium valuation and weak operating cash flow. You can view the full Banco De Chile Ratings Report.

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