BOC Hong Kong (OTCMKTS:BHKLY) Hits New 1-Year High – Here’s What Happened

BOC Hong Kong Ltd. (OTCMKTS:BHKLY) shares hit a new 52-week high on Thursday . The company traded as high as $94.00 and last traded at $93.21, with a volume of 2764 shares traded. The stock had previously closed at $93.10.

Analyst Ratings Changes

Separately, The Goldman Sachs Group cut shares of BOC Hong Kong from a “strong-buy” rating to a “neutral” rating in a research note on Tuesday, April 15th.

BOC Hong Kong Price Performance

The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.70 and a current ratio of 0.70. The stock’s 50 day moving average price is $85.89 and its two-hundred day moving average price is $75.46.

BOC Hong Kong Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 16th were paid a dividend of $0.7284 per share. The ex-dividend date of this dividend was Thursday, May 15th. This represents a dividend yield of 6.09%.

BOC Hong Kong Company Profile

BOC Hong Kong (Holdings) Limited, an investment holding company, provides banking and related financial services to corporate and individual customers in Hong Kong, China, and internationally. The company operates through four segments: Personal Banking, Corporate Banking, Treasury, and Insurance. It offers savings, current, and time deposit accounts; mortgage plans; corporate deposits, and payroll and e-cheques services.