BOC Hong Kong (OTCMKTS:BHKLY) Shares Gap Down – Here’s What Happened

BOC Hong Kong Ltd. (OTCMKTS:BHKLY)’s share price gapped down prior to trading on Thursday. The stock had previously closed at $131.00, but opened at $122.49. BOC Hong Kong shares last traded at $122.49, with a volume of 132 shares.

Wall Street Analysts Forecast Growth

Separately, China Intl Cap raised shares of BOC Hong Kong to a “strong-buy” rating in a research note on Monday, August 31st. One investment analyst has rated the stock with a Strong Buy rating and one has assigned a Buy rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Strong Buy”.

BOC Hong Kong Stock Performance

The firm has a 50 day simple moving average of $130.39 and a two-hundred day simple moving average of $122.40.

About BOC Hong Kong

BOC Hong Kong (Holdings) Limited is a Hong Kong-based financial holding company and the parent of Bank of China (Hong Kong) Limited. The group provides banking and related financial services to individuals, businesses, corporations, and institutional customers.

Its principal activities include personal banking, deposits, residential and commercial lending, credit cards, wealth management, insurance distribution, corporate and investment banking, treasury services, foreign exchange, and securities-related services.