BOC Hong Kong Ltd. (OTCMKTS:BHKLY - Get Free Report) saw unusually-high trading volume on Thursday . Approximately 16,651 shares traded hands during trading, an increase of 131% from the previous session's volume of 7,211 shares.The stock last traded at $92.50 and had previously closed at $93.87.
Wall Street Analysts Forecast Growth
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 Analysis on BHKLY
BOC Hong Kong Stock Performance
The stock's 50 day moving average is $88.90 and its two-hundred day moving average is $78.39. The company has a debt-to-equity ratio of 0.23, a quick ratio of 0.70 and a current ratio of 0.70.
BOC Hong Kong Increases Dividend
The firm also recently announced a dividend, which will be paid on Thursday, July 24th. Investors of record on Thursday, July 3rd will be paid a dividend of $3.6389 per share. This is a boost from BOC Hong Kong's previous dividend of $0.73. The ex-dividend date of this dividend is Wednesday, July 2nd. This represents a yield of 6.43%.
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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