BOC Hong Kong Ltd. (OTCMKTS:BHKLY - Get Free Report) shares saw unusually-strong trading volume on Thursday . Approximately 42,807 shares traded hands during mid-day trading, an increase of 559% from the previous session's volume of 6,497 shares.The stock last traded at $93.85 and had previously closed at $91.22.
Analyst Upgrades and Downgrades
Separately, The Goldman Sachs Group cut BOC Hong Kong from a "strong-buy" rating to a "neutral" rating in a research note on Tuesday, April 15th.
Read Our Latest Report on BOC Hong Kong
BOC Hong Kong Stock Performance
The company has a 50 day simple moving average of $87.61 and a 200-day simple moving average of $77.00. The company has a current ratio of 0.70, a quick ratio of 0.70 and a debt-to-equity ratio of 0.23.
BOC Hong Kong Increases Dividend
The company also recently disclosed a dividend, which will be paid on Thursday, July 24th. Shareholders of record on Thursday, July 3rd will be paid a dividend of $3.6389 per share. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a yield of 6.43%. This is a boost from BOC Hong Kong's previous dividend of $0.73.
BOC Hong Kong Company Profile
(
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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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