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BOC Hong Kong (OTCMKTS:BHKLY) Reaches New 52-Week High - Here's Why

BOC Hong Kong logo with Finance background

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY - Get Free Report) shares hit a new 52-week high on Tuesday . The company traded as high as $89.59 and last traded at $89.59, with a volume of 2128 shares trading hands. The stock had previously closed at $87.89.

Wall Street Analysts Forecast Growth

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

Check Out Our Latest Research Report on BHKLY

BOC Hong Kong Trading Down 0.1%

The company's fifty day moving average is $82.28 and its two-hundred day moving average is $73.35.

BOC Hong Kong Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 5th. Investors of record on Friday, May 16th were issued 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%.

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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