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BOC Hong Kong (OTCMKTS:BHKLY) Sets New 12-Month High - What's Next?

BOC Hong Kong logo with Finance background

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY - Get Free Report)'s stock price reached a new 52-week high on Wednesday . The company traded as high as $88.18 and last traded at $86.76, with a volume of 1539 shares. The stock had previously closed at $86.06.

Analyst Ratings Changes

Separately, The Goldman Sachs Group downgraded shares of BOC Hong Kong from a "strong-buy" rating to a "neutral" rating in a report on Tuesday, April 15th.

Read Our Latest Stock Analysis on BOC Hong Kong

BOC Hong Kong Trading Down 0.9%

The stock's fifty day moving average is $80.76 and its 200-day moving average is $71.94.

BOC Hong Kong Cuts Dividend

The company also recently declared a dividend, which will be paid on Thursday, June 5th. Investors of record on Friday, May 16th will be issued a dividend of $0.7284 per share. This represents a yield of 6.09%. The ex-dividend date is Thursday, May 15th.

About BOC Hong Kong

(Get Free Report)

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.

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