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BOC Hong Kong (OTCMKTS:BHKLY) Hits New 1-Year High - Time to Buy?

BOC Hong Kong logo with Finance background

BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY - Get Free Report)'s stock price hit a new 52-week high during 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.

Analyst Ratings Changes

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

View Our Latest Stock Analysis on BHKLY

BOC Hong Kong Price Performance

The company has a fifty day simple moving average of $81.21 and a two-hundred day simple moving average of $72.51.

BOC Hong Kong Cuts Dividend

The firm also recently announced a dividend, which was paid on Thursday, June 5th. Shareholders of record on Friday, May 16th were issued a dividend of $0.7284 per share. This represents a yield of 6.09%. The ex-dividend date was Thursday, May 15th.

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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