Shares of BOC Hong Kong Ltd. (OTCMKTS:BHKLY - Get Free Report) saw an uptick in trading volume on Thursday . 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 downgraded BOC Hong Kong from a "strong-buy" rating to a "neutral" rating in a research report on Tuesday, April 15th.
Check Out Our Latest Stock Analysis on BHKLY
BOC Hong Kong Stock Up 1.2%
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 has a 50-day moving average price of $87.87 and a 200-day moving average price of $77.37.
BOC Hong Kong Increases Dividend
The business also recently disclosed a dividend, which will be paid on Thursday, July 24th. Stockholders of record on Thursday, July 3rd will be given a dividend of $3.6389 per share. This represents a dividend yield of 6.43%. This is an increase from BOC Hong Kong's previous dividend of $0.73. The ex-dividend date is Wednesday, July 2nd.
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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