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BOC Hong Kong (OTCMKTS:BHKLY) Sets New 12-Month High - Should You Buy?

BOC Hong Kong logo with Finance background

BOC Hong Kong Ltd. (OTCMKTS:BHKLY - Get Free Report)'s share price hit a new 52-week high on Friday . The stock traded as high as $91.48 and last traded at $91.48, with a volume of 436 shares changing hands. The stock had previously closed at $89.36.

Analyst Ratings Changes

Separately, The Goldman Sachs Group lowered BOC Hong Kong from a "strong-buy" rating to a "neutral" rating in a report on Tuesday, April 15th.

View Our Latest Stock Report on BOC Hong Kong

BOC Hong Kong Price Performance

The company has a debt-to-equity ratio of 0.23, a current ratio of 0.70 and a quick ratio of 0.70. The business has a 50-day simple moving average of $83.87 and a two-hundred day simple moving average of $74.26.

BOC Hong Kong Cuts Dividend

The company also recently disclosed a dividend, which was paid on Thursday, June 5th. Stockholders of record on Friday, May 16th were paid a $0.7284 dividend. This represents a dividend yield of 6.09%. The ex-dividend date of this dividend was Thursday, May 15th.

BOC Hong Kong Company Profile

(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.

Further Reading

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