Shares of BOC Hong Kong (Holdings) Limited (OTCMKTS:BHKLY - Get Free Report) dropped 0.6% during mid-day trading on Wednesday . The company traded as low as $84.25 and last traded at $84.25. Approximately 4,735 shares were traded during mid-day trading, a decline of 37% from the average daily volume of 7,528 shares. The stock had previously closed at $84.79.
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 note on Tuesday, April 15th.
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BOC Hong Kong Trading Down 0.6 %
The firm's fifty day simple moving average is $77.79 and its 200 day simple moving average is $69.72.
BOC Hong Kong Company Profile
(
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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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