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

NEW YORK ( TheStreet) -- Banco De Chile (NYSE: BCH) hit a new 52-week high Tuesday as it is currently trading at $97.08, above its previous 52-week high of $96.48 with 834 shares traded as of 9:33 a.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 17.1% year to date as of the close of trading on Monday.

Banco de Chile provides banking services to individuals and corporations in Chile and internationally. The company has a P/E ratio of 14.8, 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 increase in net income, notable return on equity and solid stock price performance. However, as a counter to these strengths, we find that the growth in the company's earnings per share has not been good. You can view the full Banco De Chile Ratings Report.

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