BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY - Get Free Report)'s share price hit a new 52-week high during mid-day trading on Wednesday . The company traded as high as $88.39 and last traded at $86.78, with a volume of 2578 shares traded. The stock had previously closed at $86.07.
Wall Street Analyst Weigh In
Separately, The Goldman Sachs Group cut BOC Hong Kong from a "strong-buy" rating to a "neutral" rating in a research report on Tuesday, April 15th.
Get Our Latest Analysis on BHKLY
BOC Hong Kong Trading Up 2.2%
The business has a fifty day moving average price of $81.36 and a 200 day moving average price of $72.76.
BOC Hong Kong Cuts Dividend
The firm also recently declared a dividend, which was paid on Thursday, June 5th. Stockholders 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
(
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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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